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Author Question: If GNP is $625 billion, receipts of factor income from the rest of the world are $25 billion, and ... (Read 75 times)

hbsimmons88

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Question 1

Refer to the information provided in Table 21.8 below to answer the question(s) that follow.










Refer to Table 21.8. The value for disposable personal income in billions of dollars is


◦ 890.
◦ 920.
◦ 970.
◦ 1,020.

Question 2

If GNP is $625 billion, receipts of factor income from the rest of the world are $25 billion, and payments of factor income to the rest of the world are $50 billion, then GDP is


◦ $550 billion.
◦ $600 billion.
◦ $650 billion.
◦ $700 billion.


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Marked as best answer by hbsimmons88 on Apr 19, 2019

olderstudent

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