Given the following table   Items RM Million Imports 70 Depreciation 50 Exports 80 Dividends 10 Government Purchases 120 Receipts Of Factor Income From The Rest Of World 20 Amount Of National Income Not Going To Households 10 Payments Of Factor Income From The Rest Of World 40 Net Private Domestic Investment 350 Personal Income Taxes 100 Personal Consumption Expenditures 750   Calculate the GDP Calculate the GNP Calculate the NNP Calculate the national income Calculate the personal income Calculate the disposable personal income

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
ChapterD: The Expenditure-output Model
Section: Chapter Questions
Problem 24CTQ: Exercise D24 Compare two policies: a tax cut on income or an increase in government spending on...
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  1. Given the following table

 

Items

RM Million

Imports

70

Depreciation

50

Exports

80

Dividends

10

Government Purchases

120

Receipts Of Factor Income From The Rest Of World

20

Amount Of National Income Not Going To Households

10

Payments Of Factor Income From The Rest Of World

40

Net Private Domestic Investment

350

Personal Income Taxes

100

Personal Consumption Expenditures

750

 

  1. Calculate the GDP
  2. Calculate the GNP
  3. Calculate the NNP
  4. Calculate the national income
  5. Calculate the personal income
  6. Calculate the disposable personal income
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