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?