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Question 1

Consider the following table showing the breakdown of GDP (in billions) for Canada.

Wages and Salaries1500
Consumption1100
Investment700
Depreciation30
Government Expenditure400
Taxes100
Exports50
Imports50
Income receipts from rest of the world40
Income payment to rest of the world10

What are net exports for Canada?

 

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Question 2

What is GDP for Canada?

 

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Question 3

What is Net National Product (NNP) in Canada?

 

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Question 4

What is Gross National Product (GNP) in Canada.

 

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