Scenario 5.1 Suppose that personal income is $250 billion. Furthermore, assume that retained corporate earnings are $2 billion, social security taxes are $15 billion, social security benefit checks equal $16 billion, the capital consumption allowance is $32 billion, and corporate taxes amount to $40 billion. Refer to Scenario 5.1. Gross national product of this nation will be:

Gross national product of this nation will be $323 billion

Explanation:

In order to calculate the Gross national product of this nation we would have to calculate the following formula:

Gross national product of this nation=personal income+retained corporate earnings+social security taxes+corporate taxes+capital consumption allowance-social security benefits

Gross national product of this nation=$250 billion+$2 billion+$15 billion+$40 billion+$32 billion-$16 billion

Gross national product of this nation=$323 billion

Gross national product of this nation will be $323 billion

c

explanation:

c because the item on a bank statement is also referred to as an account statement. in addition, it provides the beginning balance, ending balance, statement date, transaction date for each transaction, payee, customer name and address, statement period, the account holder's account number, and the bank's customer service number

the specific actions take by the fed. what the fed was attempting to do by taking these actions. the result of the actions taken by the fed