Determine Gross Domestic Product to use

Determine Gross Domestic Product to use - Government...

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Determine Gross Domestic Product: Expenditure Approach C = + Ig = + G = + Xn = GDP = Income Approach Wages = + Rent = + Interests = + Profits 1 = National Income= + Indirect Business Tax = NDP = + Depreciation = GDP = 1 Profits are (Corp Profits + Proprietors Profits) Personal Income Measurement Wages = + Rent = + Interests = + Proprietor Profits = + Corp Dividends = Earned Income = + Trsfr Payments = - SS Tax = Personal Income = - Personal Inc Tax = Disposable Income = - Personal Savings = C onsumption = Government Balance Sheet
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Unformatted text preview: Government Spending Sheet G = + Trsfr Payments = Govt Expenditures = + Deficit/Surplus = Government Tax Sheet Personal Income Tax = + Corporate Income Tax = + Indirect Business Tax = + Social Security Tax = Govt Income = Investment/Savings Balance Sheet In = + Depreciation = Ig = Personal Savings = + Corporate Savings = + Govt Surplus/Deficit = Sn = + Depreciation = Sg =...
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This note was uploaded on 07/31/2011 for the course ECON 545 taught by Professor Hodges during the Spring '11 term at Keller Graduate School of Management.

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