if-a-country-has-the-following-income-components-compensation-of-employees-500-b

Question

If a country has the following income components: Compensation of employees = $$500 billion, Rents = 50 $$billion, Interest = $$30 billion, Proprietors' income = 70 $$billion, Corporate profits = $$100 billion, and Taxes on production and imports = 40 $$billion, what is the total national income?

Accepted Answer

$790 billion

Answer

$700 billion

Answer

$820 billion

Answer

$750 billion

If a country has the following income components: Compensation of employees = \(500 billion, Rents = \)50 billion, Interest = \(30 billion, Proprietors' income = \)70 billion, Corporate profits = \(100 billion, and Taxes on production and imports = \)40 billion, what is the total national income?