Refer to the information provided in Table 6.5 below to answer the questions that follow.
-Table 6.5 contains the national income and product accounts data on the Freedonia economy. Quantities following are given in millions of Freedonian dollars (F$). Use this information to answer Parts (a) through (g) below.
(a) Calculate Freedonian gross private investment.
(b) Calculate Freedonian GDP.
(c) Calculate Freedonian GNP.
(d) Calculate net national product (NNP).
(e) Calculate national income.
(f) Calculate personal income.
(g) Calculate disposable personal income.
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(a) Gross private investment = Net priv...
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Q49: Define disposable personal income.
Q50: Write out the equation for calculating national
Q51: What does it mean when net factor
Q52: Explain the difference between GNP and NNP.
Q53: If NNP is $7 trillion, net investment
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