?Modu le 4-2018 Summe Take Test Test 1. Require xva Econ 204 Flashcards la × x ?

Question

?Modu le 4-2018 Summe Take Test Test 1. Require xva Econ 204 Flashcards la × x ? i. Secure Show Time Question Completion Status: http://blackboard.ntccedu/webapps/assessment take launchjsp?course-assessment, d.14157_1&course;_d,ses4.1&content;,de,5t857.1 . Exspenditures for consumer goods and services $4.565 Government purchases of goods and services$1.465 Exports $740 Social Security taxes Net investment Indirect business taxes Imports Gross investment Corporate income taxes Personal income taxes Corporate retained earnings Net foreign factor income Government transfer payments to households Net interest payments to households $510 $225 $520 $825 $865 S185 $750 $45 S20 S690 SO Click Save and Submit to save and submit. Ctick Save All Ansvers to save all ansvers Save All Answers Search the web and Windows

Explanation / Answer

By expenditure approach,

GDP = C + I + G + (X - M)

GDP = 4565 + 1465 + 865 + (740 - 825)

GDP = 6810 billion.

NDP = GDP - Depreciation

NDP = 6810 - 640

NDP = 6170 billion.

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