Answer:
1. Expenditure approach
Gross domestic product = Personal consumption expenditures + Net private domestic investment + Consumption of fixed capital (depreciation) + Government purchases + Net export
Gross domestic product = $295 + $60 + 72 + $11
Gross domestic product = $438
Income approach
Gross domestic product = Compensation of employees + Rents + Interest + Proprietors' income + Corporate profits + Indirect business taxes + Consumption of fixed capital (depreciation) + Net foreign factor income earned
Gross domestic product = $273 + $14 + $13 + $33 + $56 + $18 + $27 + $4
Gross domestic product = $438
NDP = GDP - Depreciation
NDP = $438 - $27
NDP = $411
b. NI = NDP - Net foreign income earned in U.S. - Indirect tax
NI = $411 - $4 - $18
NI = $389
So, both method will have same national income
c. Personal income = NI - S.S. - Corporate income taxes - Undistributed corporate profit + Transfer payment
Personal income = $389 - $20 - $19 - $21 + $12
Personal income = $341
d. Disposable Income = PI - Personal tax
Disposable Income = $341 - $26
Disposable Income = $315
Remove regulation and let it play out on its own.
Answer:
O c. manage the supply of money that is available.
Explanation:
Monetary policies are deliberate macroeconomic initiatives undertaken by the Federal Reserve to control the money supply in the economy. The Fed has several monetary policies it can use to achieve the desired results. Some policies increase the money supply( Expansionary monetary policies ). Others reduce the money supply in the economy ( Contractionary monetary policies).
Monetary policies are used together with fiscal policies to achieve the overall macroeconomic objectives.
Answer:
try getting a job like a restaurant or ice cream shop or try stuff like art or food and sell it:)