2. The following information has been extracted from National income accounts data of a certaincountry;Amount (Billion)ParticularsPersonal consumption expenditureTransfer PaymentRent on landCapital Consumption AllowanceSocial Security ContributionInterest on CapitalProprietor's income (Profits)Net exportsDividends245121427201331316221Compensation to employees (Wages)Indirect taxes18Undistributed corporate profits21Personal taxes26Corporate income taxesCorporate profitsGovernment purchases of goods and servicesNet private domestic investmentsPersonal savings1956723316Required:(i) Net National product(ii) National income(iii) Personal ircome(iv) Disposable Income(v) Per capital Income

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2. The following information has been extracted from National income accounts data of a certain country; Particulars Amount (Billion) Personal consumption expenditure 245 12 Transfer Payment Rent on land 14 27 Capital Consumption Allowance Social Security Contribution Interest on Capital Proprietor's income (Profits) Net exports Dividends Compensation to employees (Wages) Indirect taxes Undistributed corporate profits Personal taxes Corporate income taxes Corporate profits Government purchases of goods and services Net private domestic investments Personal savings Required: (i) Net National product (ii) National income (iii) Personal income (iv) Disposable Income (v) Per capital Income 20 13 31 3 16 221 18 21 26 19 56 72 33 16

2. The following information has been extracted from National income accounts data of a certain country; Particulars Amount (Billion) Personal consumption expenditure 245 12 Transfer Payment Rent on land 14 27 Capital Consumption Allowance Social Security Contribution Interest on Capital Proprietor's income (Profits) Net exports Dividends Compensation to employees (Wages) Indirect taxes Undistributed corporate profits Personal taxes Corporate income taxes Corporate profits Government purchases of goods and services Net private domestic investments Personal savings Required: (i) Net National product (ii) National income (iii) Personal income (iv) Disposable Income (v) Per capital Income 20 13 31 3 16 221 18 21 26 19 56 72 33 16

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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gross private domestic investment $1593 personal taxes 1113 transfer payments 1683 taxes on production & imports 695 corporate income taxes 213 personal consumption expenditures 7304 consumption of fixed capital 1393 US Exports 1059 dividends 434 government purchases 1973 net foreign factor 10 undistributed corporate profit 290 sociual security contributions 748 US imports 1483 statistical discrepency 50 Refer to the accompanying national income data (in billions of dollars) CORPORATE PROFITS are equal to?
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Question: What is the aggregate of the gross balances of primary income of all resident institutional units knows as?[A] Gross domestic Product[B] Gross national product[C] Gross National income[D] Net national productPlease Don't use chatgpt or other ai tool. If you know correct answer then attempt if you gave wrong answer then i gave 13 dislikes for you and more from my friends accounts also.