Discuss how economists calculate NI, PI and DI
GDP ? depreciation = NI ? profits ? FICA + transfer payments + net interest + dividends = PI ? personal income taxes = DI.
Economics
You might also like to view...
Refer to Scenario 1 . The student has already taken 9 exams and scored a 80 on the 9th one. His average is a 70 after the 9th exam. If he scores a 70 on the tenth exam what will happen to his average?
What will be an ideal response?
Economics
An increase in unemployment insurance and other transfer payments may
A) increase the natural rate of unemployment. B) increase the number of discouraged workers. C) reduce the rate of inflation at every level of unemployment. D) lead to less unanticipated inflation.
Economics