Question

The capital stock is 2.5 times as large as GDP at market price in one year and the depreciation rate is 6 percent per year. Net primary income from the rest of the world is 4 percent of GDP and net transfers from the rest of the world are negative and equal to minus 2 percent of GDP at market price. Calculate as a percent of GDP at market price:

(a) Net domestic product at market price.

(b) Net national income at market price.

(c) Netnationaldisposableincomeatmarketprice.​

Answer 1

Answer:

Net domestic product at market price