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3 years ago

The following national income data are in billions of dollars.

Business

1 answer:

navik [9.2K]3 years ago

4 0

Option C ($305 million) is the correct answer.

Explanation:

GDP = GNP - Net foreign factor income

GNP can be calculated by using the following formula

GNP (FC) = NNP (FC) + depreciation

NNP (FC) = 300, thus the depreciation is as follows:

Depreciation = Gross private domestic investment - Net private domestic investment

= 55 minus 40 = 15

Now, we can calculate GNP (FC) by substituing the values into the formula

GNP (FC) = 300 plus 15 = 315

Now, we can calculate GDP by by substituing the values into the formula.

GDP = 315 minus 10 = 305

Thus, the value of U.S. GDP is $305 billion

Therefore, the correct answer is option C

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Option B is correct

<h3>Who is a manager?</h3>

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brainly.com/question/28017308

#SPJ1

Question's missing part:

The options are given as follows:

A) False

B) True

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2 years ago