Budget
- government purchases of goods and services
- + government transfer payments
- - government tax and fee collection
(If + deficit)
(If - surplus)
Trade (Basically Xn)
Export - Import
GNP (Gross National Product)
- GDP + Net foreign factor payment
NNP (Net National product)
- GNP - depreciation
NDP (Net Domestic product)
- GDP - depreciation
NI (National income)
- GDP
- - indirect business taxes
- - depreciation
- - Net Foreign Factor PaymentsOR
- compensation of employees
- + rental income
- + interest income
- + proprietor's income
- + corporate profits
DPI (Disposable Personal Income)
- National Income
- - personal household taxes
- + government transfer payment
OMG. Y'all need to teach me how to add a flowchart into my blog DX! But anyways, I think you should also add the formulas that she gave us on our warm-up paper. It includes DI and PI as well...just in case we ever come across it. ^_^
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