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18 Aug 2020
The following information gives categories for income and expenditures for a representative country:
1. Net exports of goods and services -550
2 . Net interest paid by business 440
3. Government purchases of goods and services 1,650
4. Gross private domestic investment 2,200
5. Indirect business taxes 440
6. Rental income of individuals plus implicit rent on owner-occupied housing 220
7. Wages, salaries, employee compensation 6,600
8. Personal consumption expenses 7,700
9. Depreciation 880
10. Proprietorial income 1,100
11. Corporate profits 1,320
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Use the information above to calculate Gross Domestic Income (GDI) for this country.
GDI is equal to $_____.
The following information gives categories for income and expenditures for a representative country:
1. Net exports of goods and services -550
2 . Net interest paid by business 440
3. Government purchases of goods and services 1,650
4. Gross private domestic investment 2,200
5. Indirect business taxes 440
6. Rental income of individuals plus implicit rent on owner-occupied housing 220
7. Wages, salaries, employee compensation 6,600
8. Personal consumption expenses 7,700
9. Depreciation 880
10. Proprietorial income 1,100
11. Corporate profits 1,320
---------------------------------------------------------
Use the information above to calculate Gross Domestic Income (GDI) for this country.
GDI is equal to $_____.
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Joshua StredderLv10
9 Nov 2020