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Question-
Consumption 1,500 Factor receipts 15
Depreciation 80 Imports 15 Exports 30 Gross investment 450 Government purchases 860 Taxes 750 Factor payments 10
1. The trade balance is:
a. a 10 trade deficit
b. a 15 trade deficit
c. 0
d. a 20 trade surplus
e. a 15 trade surplus
2. The government is running:
a. a 110 deficit
b. a 75 deficit
c. a balanced budget
d. a 75 surplus
e. a 110 surplus
3. What is net investment?
a. 250
b. 370
c. 450
d. 530
e. 610
4. What is GDP?
a. 2,755
b. 2,795
c. 2,825
d. 2,890
e. 2,905
5. What is GNP?
a. 2,760
b. 2,800
c. 2,830
d. 2,895
e. 2,910
6. What is Net domestic product (NDP)?
a. 2,655
b. 2,700
c. 2,745
d. 2,795
e. 2,845
7. What is Net national product (NNP)?
a. 2,600
b. 2,650
c. 2,700
d. 2,750
e. 2,850
8. What is Disposable personal income (Yd)?
a. 2,075
b. 2,155
c. 2,195
d. 2,255
e. 2,295
9. What is savings?
a. -255
b. -160
c. 225
d. 475
e. 575
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