For a certain economy, let the following data is measured in million birrNet foreign expenditure (3,000) Wage and salary of labors (8,000)Government Transfers to Individuals (3000)Rent of land and physical capitals (6.000) Government expenditure (10,000)Domestic consumption expenditure (12,000)Dividends (2,000)Interest of saving and financial capital (4,000)Profit of proprietor (sole proprietorship and partnership firms) (3.000) Undistributed corporate profit (corporate income tax + dividend +retained earning) (5,000)Indirect business tax (VAT, sales tax, excise tax) (7.000) Net Interest (public and personal) (7.000)Depreciation of fixed capital (2,000)Population number in million (9,000)Statistical discrepancy (error in measuring) (+1,000) Business Investment expenditure (11.000)Net factor income (4,000)Social Insurance Contributions (5,000)Personal Interest on Income (5,000)Personal income tax and non-tax payments (6,000)J) GDP per capitaG) Calculate PIH) Calculate DPI 6. For a certain economy, let the following data is measured in million birrNet foreign expenditure (3,000)Wage and salary of labors (8,000)Government Transfers to Individuals (3000)-Rent of land and physical capitals (6,000)Government expenditure (10,000)Domestic consumption expenditure (12,000)Dividends (2,000)Interest of saving and financial capital (4,000)Profit of proprietor (sole proprietorship and partnership firms) (3,000)Undistributed corporate profit (corporate income tax + dividend +retained earning)(5,000)Indirect business tax (VAT, sales tax, excise tax) (7,000)Net Interest (public and personal) (7,000)Depreciation of fixed capital (2,000)Population number in million (9,000)Statistical discrepancy (error in measuring) (+1,000)Business Investment expenditure (11,000)Net factor income (4,000)Social Insurance Contributions (5,000)Personal Interest on Income (5,000)Personal income tax and non-tax payments (6,000)G) Calculate PIH) Calculate DPIJ) GDP per capita

A way of measuring the economic wellbeing of a nation, the GDP is the amalgamation of all the values…

Answered: 6. For a certain economy, let the…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Related questions

Question

For a certain economy, let the following data is measured in million birr

Net foreign expenditure (3,000) Wage and salary of labors (8,000)

Government Transfers to Individuals (3000)

Rent of land and physical capitals (6.000) Government expenditure (10,000)

Domestic consumption expenditure (12,000)

Dividends (2,000)

Interest of saving and financial capital (4,000)

Profit of proprietor (sole proprietorship and partnership firms) (3.000) Undistributed corporate profit (corporate income tax + dividend +retained earning) (5,000)

Indirect business tax (VAT, sales tax, excise tax) (7.000) Net Interest (public and personal) (7.000)

Depreciation of fixed capital (2,000)

Population number in million (9,000)

Statistical discrepancy (error in measuring) (+1,000) Business Investment expenditure (11.000)

Net factor income (4,000)

Social Insurance Contributions (5,000)

Personal Interest on Income (5,000)

Personal income tax and non-tax payments (6,000)

J) GDP per capita

G) Calculate PI

H) Calculate DPI

6. For a certain economy, let the following data is measured in million birr
Net foreign expenditure (3,000)
Wage and salary of labors (8,000)
Government Transfers to Individuals (3000)
-
Rent of land and physical capitals (6,000)
Government expenditure (10,000)
Domestic consumption expenditure (12,000)
Dividends (2,000)
Interest of saving and financial capital (4,000)
Profit of proprietor (sole proprietorship and partnership firms) (3,000)
Undistributed corporate profit (corporate income tax + dividend +retained earning)
(5,000)
Indirect business tax (VAT, sales tax, excise tax) (7,000)
Net Interest (public and personal) (7,000)
Depreciation of fixed capital (2,000)
Population number in million (9,000)
Statistical discrepancy (error in measuring) (+1,000)
Business Investment expenditure (11,000)
Net factor income (4,000)
Social Insurance Contributions (5,000)
Personal Interest on Income (5,000)
Personal income tax and non-tax payments (6,000)
G) Calculate PI
H) Calculate DPI
J) GDP per capita

Expert Solution

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.

Similar questions