4. You are given the following information about an economy: Smillions GDP at Market Prices Imports Gross Domestic Capital Formation Income accruing to the Public Sector Retained Business Earnings Exports Subsidies 1,669.4 290.5 48.7 39.0 75.9 273.4 16.8 Factor Payments from Abroad Capital Consumption Allowance Income Payments to Foreigners Direct Taxes 10.0 10.5 19.2 355.6 490, 1 297.3 Public Sector Consumption Expenditure Indirect Taxes Transfer Payments 25.7 Derive the following: (i) (ii) (ii) (iv) National Income Net Investment Personal Income Disposable Income Household Consumption Expenditure (v)

4. You are given the following information about an economy: Smillions GDP at Market Prices Imports Gross Domestic Capital Formation Income accruing to the Public Sector Retained Business Earnings Exports Subsidies 1,669.4 290.5 48.7 39.0 75.9 273.4 16.8 Factor Payments from Abroad Capital Consumption Allowance Income Payments to Foreigners Direct Taxes 10.0 10.5 19.2 355.6 490, 1 297.3 Public Sector Consumption Expenditure Indirect Taxes Transfer Payments 25.7 Derive the following: (i) (ii) (ii) (iv) National Income Net Investment Personal Income Disposable Income Household Consumption Expenditure (v)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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