National Income Accounting

Welcome to the National Income Accounting category on Questions LLC! Whether you are a student, researcher, or simply curious about the measurement and analysis of a country's economic performance, you have arrived at the right place. Here, you will find a wealth of questions and answers related to the field of National Income Accounting. From understanding concepts like gross domestic product (GDP), income distribution, and economic indicators, to exploring the methods and tools used to quantify and compare the economic activity of nations, this category serves as a hub for all your inquiries. Whether you want to delve into the intricacies of macroeconomic analysis or familiarize yourself with the importance of these measurements in government policymaking, we hope you find the information you seek and gain a deeper understanding of National Income Accounting. Start exploring now and satisfy your quest for knowledge in this fascinating field!

Questions (34)

Consumption expenditures on goods and services=$1,500Total government spending on goods and services=590 Gross private
1. 7 answers
2. asked by 111
3. 107 views
1. In the Country of Wiknam, the velocity of money is constant. Real GDP grows by 5 percent per year, the money stock grows by
1. 3 answers
2. asked by GREG
3. 868 views
Since GNP exceeds GDP, it can be concluded that foreign production by U.S. factors of production---U.S. production by foreign
1. 4 answers
2. asked by 111
3. 147 views
Consumption expenditures on goods and service=$1,500Total government spending on goods and services=590 Gross private
1. 7 answers
2. asked by 111
3. 150 views
Consumption=$9.9Non-income-related taxes net of subsidies=0.8 Depreciation=1.2 Government spending=2.5 Imports=2.6 Gross
1. 5 answers
2. asked by 111
3. 156 views
Principals of national economic account
1. 3 answers
2. asked anonymously
3. 28 views
GNP accounts avoid double counting by including only the value of final goods services sold on the market.Should the measure of
1. 4 answers
2. asked by Ang
3. 1,055 views
The following is a list of figures for a given year in billions of dollars. Using this data, compute: (a) GDP; (b) NDP; (c) NI;
1. 1 answer
2. asked by dareen
3. 365 views
Consider a simple economy consisting of only four firms. Firm A, a mining enterprise, extracts iron ore. Firm B, a Steelmaker,
1. 3 answers
2. asked by Linda
3. 661 views
__________ is the sum of all goods and services produced within a country for a given year.Group of answer choices Gross
1. 3 answers
2. asked anonymously
3. 43 views
Show that the expenditure approach and income approach add up to the same figure
1. 1 answer
2. asked by Anonymous
3. 192 views
Given the following hypothetical data (in millions of naira):1. gross private domestic investment N59 2. contributors for social
1. 1 answer
2. asked by Smart
3. 265 views
Given the following hypothetical data (in millions of naira):1. gross private domestic investment N59 2. contributors for social
1. 1 answer
2. asked by Smart
3. 232 views
Choose the statement that correctly defines the changes in GDP due to the following transaction: Ghana exports cocoa powder to
1. 1 answer
2. asked by bert
3. 316 views
GDP of a country is 6000 billion. Investment is 2100 billion. Government purchase is 300 billion. The country has a trade
1. 1 answer
2. asked by Jess
3. 432 views
The following is a list of figures for a given year in billions of dollars. Using this data, compute: (a) GDP; (b) NDP; (c) NI;
1. 3 answers
2. asked by princess
3. 1,374 views
I was trying to calculate the GDP using the income method, but I don't know what to do with the inputs purchased etc.Here are
1. 2 answers
2. asked by Talisha
3. 510 views
the calculation of GDP would include?
1. 3 answers
2. asked by cc
3. 1,422 views
(Value in billions of dollars)Consumption = 140 Business fixed and residential investment = 27 Inventory stock at the end of
1. 3 answers
2. asked by lucky
3. 667 views
What is the GNP of ScotlandPlease, cant seem to find anywhere!!
1. 2 answers
2. asked by RIA
3. 459 views
What is the formula for caculating GDP deflator?
1. 1 answer
2. asked by Julie
3. 428 views
What is the value added and how is it related to GDP?
1. 1 answer
2. asked by Latrisha
3. 388 views
What is the value added and how is it related to GDP?
1. 1 answer
2. asked by Latrisha
3. 310 views
five final goods and services that are not included on the GNPGNP is the sum of the market value of all final goods and services
1. 1 answer
2. asked by Dj Pruit
3. 629 views
How do economists calculate gross domestic product (GDP)? (1 point) Responses by adding up all the taxes collected by federal
1. 1 answer
2. asked by YouuGottThiss
3. 43 views
What is the definition of gross domestic product (GDP)?(1 point)Responses
1. 1 answer
2. asked by asd
3. 49 views
Consumption of fixed capital means
1. 1 answer
2. asked by Mathapelo
3. 16 views
Gross Domestic Production for 2006 is given below.Compensation for employees = K2550.9 million Private consumption = K7959.0
1. 5 answers
2. asked by Raven
3. 19 views
Gross Domestic Product is listed below:Income from employment = K312422 million Income from self-employment = K59724 million
1. 1 answer
2. asked by Raven
3. 15 views
Is consumption a leakage or injection in economics
1. 1 answer
2. asked anonymously
3. 9 views
Which one of this is an import:Private consumption Fixed capital formation Gross operating surplus Domestic factor income
1. 1 answer
2. asked anonymously
3. 14 views
What is net factor Income from aboard
1. 1 answer
2. asked anonymously
3. 10 views
Is net factor payment from aboard an income
1. 1 answer
2. asked anonymously
3. 7 views
Consumption expenditure in 2021 is 60 million and in 2022 its 70 million.Investment in 2021 is 15 million and in 2022 it's 20
1. 3 answers
2. asked anonymously
3. 9 views