--%>

Compute GDP by the expenditure - income methods

Given is a list of domestic output and national income figures for a specified  year. All figures are in billions.  Compute GDP by both the expenditure & income methods. The answers derived by each approach should be the similar.

1069_GDP.png

E

Expert

Verified

GDP = $223

   Related Questions in Finance Basics

  • Q : Analysis On Financial Indices On a

    On a weekly basis, starting from week ending on 18/1, you need to produce a weekly performance report of the major indices around the world following this structure:  Currencies a. USD vs Yen, vs GBP(GBP/USD), vs. Swiss Franc (USD/CHF) b. Euro vs USD, Y

  • Q : Short run and long run influence Normal

    Normal 0 false false

  • Q : Why do analysts compute financial ratios

    Why do analysts compute financial ratios? Ratios are comparative measures.  Since the ratio illustrates relative value, they let financial analysts to compare information which could not be compared in its raw form.  For instance, rati

  • Q : Describe NAFTA Normal 0 false false

    Normal 0 false false

  • Q : Compare and contrast the potential

    Normal 0 false false

  • Q : Define Augmentation Augmentation : An

    Augmentation: An authorized raise to a formerly authorized appropriation or allotment. This augment can be authorized by the Budget Act provisional language, control sections, or other legislation. Generally a Budget Revision or an Ex

  • Q : Market share of large bank holding

    Have the large bank holding companies enhanced their market share at the cost of smaller institutions?No. A study conducted through the Federal Reserve Bank of New York reveals that the increase in the concentration of assets is primarily becaus

  • Q : Define the term Technical Technical :

    Technical: In the budget systems, refers to an amendment which clarifies, accurate, or else does not materially influence the purpose of a bill.

  • Q : How does the market find out the fair

    How does the market find out the fair value of a bond?The fair value of bond is the present value of the bond's coupon interest payments plus the present value of the face value payment at maturity, discounted at the market's required rate of re

  • Q : Explain euro Normal 0 false false false

    Normal 0 false false