Recap of the aggregates

Recap of the aggregates - 2. GDP = GNP- N + F = 1700 - 230...

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Recap of the aggregates: After having defined and explained various national aggregates let’s review them. Aggregates are to be interpreted as values in millions or billions in the currency of respective countries such as dollars, pounds, marks, francs, rupees, yens etc. 1. GNP = GNI = 1700
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Unformatted text preview: 2. GDP = GNP- N + F = 1700 - 230 + 310 = 1780 3. NNP = GNP - D = 1700 - 170 = 1530 4. NNP MP = 1530 NNP FC = NNP MP- IT + S =1530 460 + 120 NNP FC = NI = 1190 PI = NI - (CT + UP) + 4 = 1190 - (170) + 310 = 1330 6. PI = 1330 DI = PI - PT = 1330 - 130 = 1200 =1190...
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This note was uploaded on 11/17/2011 for the course EC ec 201 taught by Professor - during the Fall '10 term at Montgomery.

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