Author Question: If NNP is $175 billion and depreciation is $20 billion, then GDP (Read 48 times)

Arii_bell · **on:** Apr 19, 2019

Question 1

If GNP is $500 billion, receipts of factor income from the rest of the world are $15 billion, and payments of factor income to the rest of the world are $5 billion, then GDP is

◦ $480 billion.
◦ $490 billion.
◦ $510 billion.
◦ $520 billion.

Question 2

If NNP is $175 billion and depreciation is $20 billion, then GDP

◦ is $155 billion.
◦ is $195 billion.
◦ is $215 billion.
◦ cannot be determined from this information.

bpool94 · **Reply #1 on:** Apr 19, 2019

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