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Author Question: If GDP is $500 billion and depreciation is $40 billion, then net national product (Read 83 times)

fox

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Question 1

If GNP is $200 billion, receipts of factor income from the rest of the world are $10 billion, and payments of factor income to the rest of the world are $30 billion, then GDP is


◦ $160 billion.
◦ $210 billion.
◦ $220 billion.
◦ $240 billion.

Question 2

If GDP is $500 billion and depreciation is $40 billion, then net national product


◦ is $460 billion.
◦ is $500 billion.
◦ is $540 billion.
◦ cannot be determined from this information.


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Marked as best answer by fox on Apr 19, 2019

Jayson

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fox

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review


momolu

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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