Calculations
- Trade:
- Exports (-) imports
- Positive = Surplus
- Negative = Deficit - Budget:
-Government purchases of goods/services (+) Government Transfer Payments (-) Government Tax and Fee Collection
-Positive = Deficit
-Negative = Surplus - National Income:
1. Compensation of employees (+) Rental income (+) Interest Income (+) Proprietor's Income (+) Corporate Profits
2. GDP (-) Indirect Business Taxes (-) Depreciation (-) Net Foreign Factor Payment - Disposable Income:
- National income (-) Personal household taxes (+) Government transfer payments. - Net Domestic Product:
-GDP (-) Depreciation - Net national Product:
-GNP (-) Depreciation - Gross National Product:
-GDP (+) Net Foreign Factor Payment - Depreciation:
-Consumption of fixed capital
-Wear & tear of capital equipment - Gross Investment:
-Net investment (+) Depreciation
Your notes are great. The formulas are separated so its easy to distinguish the different formulas. I like that you put the plus/minus signs in parenthesis, it makes it look a little more neat. You should add some links and videos to make your blog more insightful.
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