Author Question: Measures of IncomeNational Income$1150Retained earnings not paid as dividends65Transfer ... (Read 53 times)

Drewster127 · **on:** Nov 23, 2022

Question 1

GNP and NNP

If NNP is $520,000 and depreciation is $17,500, then GNP is ________. (Round to the nearest hundredth when appropriate.)
◦ $91,000,000
◦ $502,500
◦ $537,500
◦ $2971.43

Question 2

Measures of Income

National Income	$1150
Retained earnings not paid as dividends	65
Transfer payments	60
Interest on government bonds	40
Personal taxes	25

Refer to the table. The table contains data representing the components of national income for an economy. All values are in billions of dollars. What is the level of personal income for this economy?
◦ $960 billion
◦ $1105 billion
◦ $1080 billion
◦ $1315 billion

bleep bloop · **Reply #1 on:** Nov 23, 2022

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