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# Answer to Question #43865 in Macroeconomics for ronail

Question #43865
I need a one example of how to calculate GDP NDP PI NI (with numbers , and answer) Please answer me as fast as possible because tomorrow is my exam
A) GDP B) NDP C) NI.
All figures are in billions.
1. compensation of employees- \$194.2
2. U.S exports of goods and services- \$17.8
3. consumption of fixed capital- \$11.8
4. governmetn purchases- \$59.4
5. taxes on production and imports- \$14.4
6. net private domestic investment- \$52.1
7. transfer payments- \$13.9
8. U.S imports of goods and services- \$16.5
9. personal taxes- \$40.5
10. net foreign factor income- \$2.2
11. personal consumption expenditures- \$219.1
12. statistical discrepancy- \$0

A)
Expenditure approach:
I = NetInvestment+CapitalConsumption = NetI + CC = 52.1+11.8 = 63.9
GDP = Y = C+I+G+Ex-Im = 219.1+(52.1+11.8) +59.4+17.8-16.5 = 343.7

B)
GDP = NDP + CC
NDP = GDP - CC = 343.7 - 11.8 = 331.9

C)
NI = GNP + SDiscr = GDP+NFI-SDiscr = 331.9+2.2-0 = 334.1
9 is required for disposable income (DI)
7 and 5 are required for personal income (PI)
1 is required to calculate GDP using income method.

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