The following table contains data for Mindalion for the year 2019. GDP Income earned by citizens abroad Income foreigners earn here Losses from depreciation Indirect business taxes Statistical discrepancy Retained earnings Corporate income taxes Social insurance contributions Interest paid to households by government Transfer payments to households from government Personal taxes Nontax payments to government $200 $9 $7 $4 $10 $0 $8 $12 $30 $8 $55 $60 $11 Refer to Table 23-1. Gross national product for Mindalion in 2019 is a. $202. b. $216. c. $198. d. $200.

The following table contains data for Mindalion for the year 2019. GDP Income earned by citizens abroad Income foreigners earn here Losses from depreciation Indirect business taxes Statistical discrepancy Retained earnings Corporate income taxes Social insurance contributions Interest paid to households by government Transfer payments to households from government Personal taxes Nontax payments to government $200 $9 $7 $4 $10 $0 $8 $12 $30 $8 $55 $60 $11 Refer to Table 23-1. Gross national product for Mindalion in 2019 is a. $202. b. $216. c. $198. d. $200.

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter5: Measuring A Nation's Income

Section: Chapter Questions

Problem 12PA

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