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GDP and NNP help?...calculating?
01-27-2013, 08:20 PM
Post: #2
 
I have answered A and B combined.. Hope it helps

EXPENDITURE METHOD

+$245 C Personal Consumption Expenditures
+$033 I Net Private domestic investment
+$027 D Capital Cost Allowances
+$072 G Goverment purchases of Good
+$003 NX Net exports
_________________________________________
=$380 GDP Gross Domestic Product
-$027 D Capital Cost Allowances
_________________________________________
=$353 NDP Net Domestic Product
+$000 NFE Net Foreign Facor income
_________________________________________
=$353 NNP Net National Prod@Factor Costs
-$018 Indirect Taxes
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=$335 NNP Net National Prod @Market Cost (National Income)
-$020 Social Security Contributions
-$019 Corporate Income Taxes
-$021 Undistributed Corporate Profits
+$012 Transfer Payments
_________________________________________
=$287 PI Personal Income
-$026 Personal Taxes
_________________________________________
=$261 DI Disposable Income
-$016 Personal Saving
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=$245 C Personal Consumption Expenditures Where We started
_________________________________________

INCOME METHOD

+$221 Compensation of Employees
+$014 Rents
+$013 Interests
+$056 Corporate Profits
+$031 Proprietors Income
_________________________________________
+$335 NI National Income
+$018 Indirect Taxes
+$027 D Captial Cost Allowances
+$000 Net Foreign Factor Income
_________________________________________
=$380 GDP Gross Domestic Product

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Messages In This Thread
GDP and NNP help?...calculating? - Marissa - 01-27-2013, 08:12 PM
[] - actechkarizma - 01-27-2013 08:20 PM

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