Level of gross national product and domestic income level
Answer the relevant questions about an economy with the following information.
a. Gross Domestic Product = 8,000
b. Net External Factor Revenues = 500
c. Gross Investments = 1,400
D. Net Investments = 1,150
to. Net Indirect Taxes = 1,200
I. What is the level of Gross National Product?
ii. What is the Domestic Income level?