Given the following national income accounting data in billions of Malaysian Ringgit: Perkara / ItemsJumlah / Amount (RM Billion) Bayaran pindahan/Transfer payment15 Sewa / Rent30 Sumbangan kepada keselamatan sosial / Social Security Contributions 10 Kadar faedah bersih/ Net interest10 Pendapatan pemilik /Proprietors’ income120 Pampasan pekerjaan / Compensation of employees30 Susutnilai / Depreciation30 Dividen/Dividends60 Eksport barangan dan perkhidmatan / Exports of goods and services150 Untung korporat yang tak diagihkan / Undistributed corporate profits20 Cukai perniagaan tak langsung / Indirect business taxes20 Cukai pendapatan korporat / Corporate income taxes70 Cukai persendirian / Personal taxes40 Subsidi/Subsidies15 Pendapatan faktor bersih daripada luar negeri / Net factor earning from abroad100 Cukai pendapatan / Income taxes50 Calculate Gross Domestic Product (GDP) at market price.Calculate Personal Income.

The measure that depicts the total value of production of goods and services in an economy within a…

Answered: Given the following national income…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Given the following national income accounting data in billions of Malaysian Ringgit:

Perkara / Items	Jumlah / Amount (RM Billion)
Bayaran pindahan/Transfer payment	15
Sewa / Rent	30
Sumbangan kepada keselamatan sosial / Social Security Contributions	10
Kadar faedah bersih/ Net interest	10
Pendapatan pemilik /Proprietors’ income	120
Pampasan pekerjaan / Compensation of employees	30
Susutnilai / Depreciation	30
Dividen/Dividends	60
Eksport barangan dan perkhidmatan / Exports of goods and services	150
Untung korporat yang tak diagihkan / Undistributed corporate profits	20
Cukai perniagaan tak langsung / Indirect business taxes	20
Cukai pendapatan korporat / Corporate income taxes	70
Cukai persendirian / Personal taxes	40
Subsidi/Subsidies	15
Pendapatan faktor bersih daripada luar negeri / Net factor earning from abroad	100
Cukai pendapatan / Income taxes	50

Calculate Gross Domestic Product (GDP) at market price.
Calculate Personal Income.

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