Given are the following sets of accounts: RM (Million) Compensation to employees 5969.5 Proprietor’s income 756.5 Corporate profits 787.4 Net interest 684.2 Rental 142.4 Depreciation 1393.5 Indirect Taxes 44.4 Subsidies 22.6 Net factor payments to the rest of the world 9.6 Calculate the GDP using the income method.
Given are the following sets of accounts:
RM (Million)
Compensation to employees 5969.5
Proprietor’s income 756.5
Corporate profits 787.4
Net interest 684.2
Rental 142.4
Indirect Taxes 44.4
Subsidies 22.6
Net factor payments to the rest of the world 9.6
- Calculate the GDP using the income method.
Step by step
Solved in 3 steps