Calculating GDP, Net Exports, and NNP
Based on the information below: What is the value of GDP?
What is the value of net exports? What is the value of NNP?
Government purchases - $120
billion Depreciation - $40
billion Consumption - $400 billion
Business Investment- $60 billion
Exports of - $100 billion
Imports - $120 billion
Income receipts from the rest of the world - $10 billion
Income payments to the rest of the world - $8 billion
