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    Principles of Macroeconomics Study Set 11
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    Exam 6: Measuring National Output and National Income
  5. Question
    -Using the Above Table Calculate GNP, NNP, National Income, Personal
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-Using the Above Table Calculate GNP, NNP, National Income, Personal

Question 51

Question 51

Essay

   -Using the above table calculate GNP, NNP, National Income, Personal Income and Disposable income.
-Using the above table calculate GNP, NNP, National Income, Personal Income and Disposable income.

Correct Answer:

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GNP = 8000 + 250 - 300 = 7950 ...

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