Limitation of national income accounting

Reference no: EM1314658

1. Briefly accounting describe two limitations of national income

2. You've been given the following data:

Net non-business interest income	27
Government purchases	600
Corporate retained earnings	33
Gross private investment	500
Depreciation	10
Net exports	-50
Personal consumption	2,500
Transfer payments from government	10
Foreign factor income earned domestically	320
Personal taxes	62
Social security taxes	17
Income from foreign domestic factor sources	300
Indirect taxes	45

On the basis of these data calculate GDP, GNP, NDP, NI, PI, and disposable personal income.

Reference no: EM1314658

Questions Cloud

Average forecast method : Compute a 5-month moving average forecast for June through January.

Using foil method to simplify algebraic expression : Using foil method to simplify algebraic expression.

Find magnitudes of these three forces : Find the value of Q that would make the thickness of the equivalent body 0.1 times its length (i.e the value of y at the dividing streamline at x=0 is 1/10 of the x coordinate at the aft stagnation point.).

Compute the balance in the cash account : Compute the balance in the Cash account at the end of March and What are the total assets of Fieldstone, Inc. at the end of March

Limitation of national income accounting : Briefly accounting describe two limitations of national income. On the basis of these data calculate GDP, GNP, NDP, NI, PI, and disposable personal income.

Accuracy of the forecasts using mad : Compare the two forecasts computed in (a) and (b), using MAD. Which one should the dealer use for January of the next year?

How fast is the boy sliding : The mass of a space shuttle is approximately 2.0x10^6 kg. Throughout lift-off, the net force on the shuttle is 1.0x10^7 newtons directed upward. What is the speed of the shuttle 10 seconds after liftoff.

Prepare next year''s financial plan for haverly : Prepare next year's financial plan for Haverly on the basis of these assumptions and last year's financial statements. Include a projected income statement, balance sheet, and statement of cash flows.

Maximum height above the water the stone reaches : An archer shoots an arrow horizontally at the target 14 m away. The arrow is aimed directly at the center of target, but it hits 59 cm lower.

User Account

All Pages