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The following table provides data for the small country of Nabou.ComponentExpenditure (in ...

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The following table provides data for the small country of Nabou.ComponentExpenditure (in ...

The following table provides data for the small country of Nabou.

Component	Expenditure (in thousands)
Social Security payments	$200
Depreciation	$ 41
Private investment	$580
Exports	$220
Imports	$260
Salaries earned by foreigners working in Nabou	$150
Household consumption	$840
Purchases of raw materials	$230
Government purchases	$800
Capital income	$270
Salaries earned by Nabou residents working abroad	$310

Refer to the above table. Which categories are NOT used for calculating GDP or GNP?

▸ Purchases of raw materials and capital income

▸ Social Security payments

▸ Depreciation

▸ All of the above

Textbook

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

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