Answer to Question #334246 in Macroeconomics for Mub

Question

In a hypothetical economy Compensation of employees = $8874; Rents = 70; Interest = 605; Proprietors’ income = 1048; Corporate profits = 1627; Taxes on production and imports = 1009; Consumption of fixed capital = 1690; Net foreign factor income = 98; Statistical discrepancy = 26. Calculate, NI, GDP, NDP, PI and DI by using income approach. All figures are in Billions ($).