Refer to the accompanying national income data for the economy. All figures are in billions of dollars. The national income is
A. 573
B. 533
C. 568
D. 580
Ans: D. 580
Explanation:
GNP = GDP + Net foreign factor income = 623 + 0 = 623
NNP = GNP - Consumption of fixed capital = 623 - 43 = 580
NI = NNP - Statistical discripancy = 580 - 0 = $580
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