Country X                                $m Private Consumption Expenditure                   400 Gross Fixed Capital Formation                         50 Exports                                                             100 General Government Expenditure                     70 Net changes in Physical Stocks                      + 10 Imports                                                             160 Indirect taxes on goods and services                 65 Subsidies                                                            25 Net property inflows from abroad                     40 Net property outflows to abroad                        30 Capital Consumption                                         40   What is the Total Domestic Expenditure (TDE) figure at market price for Country X? What is the GDP figure at factor cost for Country X? What is the NNP figure at factor cost for Country X?

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Country X                                $m

Private Consumption Expenditure                   400

Gross Fixed Capital Formation                         50

Exports                                                             100

General Government Expenditure                     70

Net changes in Physical Stocks                      + 10

Imports                                                             160

Indirect taxes on goods and services                 65

Subsidies                                                            25

Net property inflows from abroad                     40

Net property outflows to abroad                        30

Capital Consumption                                         40

 

  1. What is the Total Domestic Expenditure (TDE) figure at market price for Country X?
  2. What is the GDP figure at factor cost for Country X?
  3. What is the NNP figure at factor cost for Country X?
  4. What is the Gross Domestic Product (GDP) figure at market price for Country X?

 

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