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Business, 05.09.2021 20:30 didi2096

The national accounts of Parchment Paradise are kept on (you guessed it) parchment. A fire destroys the statistics office. The accounts are now incomplete but they contain the following data:  GDP (expenditure approach): $2 965
 Compensation of employees: $600
 Indirect taxes less subsidies: $120
 Net interest: $520
 Gross Private Investment: $790
 Government expenditure: $420
 Rental income: $176
 Net exports: –$240
 Corporate profits: $690
 Proprietors’ income: $300
 Net Investment: $350
a) Calculate National Income and depreciation.
b) Calculate GDP (income approach) and the statistical discrepancy.

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The national accounts of Parchment Paradise are kept on (you guessed it) parchment. A fire destroys...
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