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An economy allocates its GDP in the following ways:
wages = 14
interest and other capital income = 4.9
wages and interest from abroad = 1
wages and interest to abroad =0.9
indirect (sales) tax = 1.5
direct (income) tax = 3.2
net transfers from the government = soc.sec. + medicare/aid - payroll tax = 3
depreciation = ?
investment = 4.5
private consumption = 16
public consumption = 5 exports = 2.5 imports = 3.5
retained corporate profits = -0.5
GDP is 24.5(answer to previous question so not sure it could be used, but feel free to use it if
deemed necessary
National Income is 20.4(answer to previous question so not sure it could be used, but feel free to
use it if deemed necessary
Find Depreciation

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An economy allocates its GDP in the following ways wages .pdf

  • 1. An economy allocates its GDP in the following ways: wages = 14 interest and other capital income = 4.9 wages and interest from abroad = 1 wages and interest to abroad =0.9 indirect (sales) tax = 1.5 direct (income) tax = 3.2 net transfers from the government = soc.sec. + medicare/aid - payroll tax = 3 depreciation = ? investment = 4.5 private consumption = 16 public consumption = 5 exports = 2.5 imports = 3.5 retained corporate profits = -0.5 GDP is 24.5(answer to previous question so not sure it could be used, but feel free to use it if deemed necessary National Income is 20.4(answer to previous question so not sure it could be used, but feel free to use it if deemed necessary Find Depreciation