# using the following nipa data, compute gdp

12-7 Using the following NIPA data, compute GDP. National Income and Product Accounts . The national income and product accounts (NIPA) are part of the national accounts of the United States.They are produced by the Bureau of Economic Analysis of the Department of Commerce. Economics Q&A Library Using the following national income accounting data, compute GDP, NDP, and NI. Gross private domestic investment\$84 billion. 223 18 42 28 86 82 9 GDP = \$404 = [\$245 + 86 + 82 + (9-18)] I have no idea how. \$245. Calculating GDP Problem: Given the following data, compute GDP: Consumption expenditures = \$ 600 Exports = \$ 75 Govt. purchases of goods and services = \$ 200 Construction of new homes = \$ 100 Sales of existing homes = \$ 200 Imports = \$ 50 Beginning of year inventory = \$ … Imports\$16 billion. All figures are in billions.Category - ValueCompensation of employees - \$194.2U.S. Imports. Real gross domestic product (GDP) increased at an annual rate of 2.1 percent in the second quarter of ... constructed using largely independent source data. Using the following NIPA data, compute GDP. GDP is Gross Domestic Product, Second Quarter 2019 (Advance Estimate) and Annual Update . The GDP (gross domestic product) can be calculated using either the expenditure approach or the resource cost-income approach below. 1. Compute real GDP. Corporate Profit \$40 billion. Government purchases \$80 billion Exports \$7 billion. Using the following NIPA data, compute GDP. Value \$60 billion Category Personal consumption expenditures Wages and salaries Imports Corporate Profits Depreciation Gross private domestic investment \$30 billion -\$10 billion \$30 billion \$8 billion \$25 billion GDP is \$0 billion . category value compensation of employees \$ 196.2 U. S. exports of goods and services 19.8 Consumption of fixed capital 11.8 government purchases 59.4 taxes on production and imports 14.4 net private domestic investment … 24-12 (Key Question) The following table shows nominal GDP and an appropriate price index for a group of selected years. Transfer Payments 1700 Interest 700 Net Exports 500 Indirect business taxes 685 Net foreign factor income 15 Gross Private Domestic Investment 1500 Rents 200 Government purchases 2100 Personal Consumption Expenditures 8000 Proprietor income 850 Undistributed corporate profits 300 corporate … Exports. Corporate profits. The national income and product accounts (NIPA) form the basis for measuring GDP and allows people to analyze the impact of variables, such as … Government purchases. All figures are in billions. Using the following national income accounting data, compute (a) GDP, (b) NDP, and (c) NI. Consumption of fixed capital (depreciation) Gross private domestic investment. All figures are in billions. 1974 1984 1994 2004 \$663.6 Using the following national income accounting data, compute (a) GDP, (b) NDP, and (c) NI. Wages and salaries\$227 billion. Year Nominal GDP, Billions Price index (2000 = 100) Real GDP, Billions 1964. Wages and salaries. Depreciation \$26 billion. They are one of the main sources of data on general economic activity in the United States. Indicate in each calculation whether you are inflating or deflating the nominal GDP data. I have the following data and am supposed to compute the above. If any clarification on the terminology or inputs is necessary, refer to the information section below the calculators. Category Value Compensation of employees \$196.2 U.S. exports of goods and services 19.8 Consumption of fixed capital 11.8 Government purchases 59.4 Taxes on production and imports 14.4 Net private domestic investment 52.1 Transfer payments […] Round your answers to one decimal place. 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