Purchase Solution

Disposable personal income

Not what you're looking for?

Ask Custom Question

4) The following is information from the national income account for a hypothetical country.

GDP = $6,000
Gross Investment = 800
Net Investment = 200
Consumption = 4,000
Government purchases of goods and services = 1,100
Government budget surplus = 30

What is

a) NDP?
b) Net exports?
c) Government taxes minus surplus?
d) Disposable personal income?
e) Personal Saving?

Purchase this Solution

Solution Summary

Disposable personal income is depicted.

Solution Preview

a) NDP?
NDP = GDP - net foreign income from this country = 6000 - 0 = $6000

b) Net exports?
NX = GDP - C - gross investment - G = ...

Purchase this Solution


Free BrainMass Quizzes
Basics of Economics

Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.

Elementary Microeconomics

This quiz reviews the basic concept of supply and demand analysis.

Economic Issues and Concepts

This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.

Pricing Strategies

Discussion about various pricing techniques of profit-seeking firms.

Economics, Basic Concepts, Demand-Supply-Equilibrium

The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.