Meena earns Tk. 9000 from her poultry firm. Over the day, equipments of egg hatcheries depreciate in value by Tk. 400.Of the remaining amount; Meena gives Tk.250 to the government in sales taxes. Later she retains 290 taka in her business for buying new machines and receives 470 as old scheme benefit. From the remaining amount that Meena takes home, she pays Tk.500 as income taxes. Based on this information, compute Meena’s contribution to the following measures of income: a. Gross Domestic product b. Net National Product c. National Income d. Personal Income e. Disposable Personal Income

Microeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter15: Income Inequality And Poverty
Section: Chapter Questions
Problem 7CQ
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Meena earns Tk. 9000 from her poultry firm. Over the day, equipments of egg hatcheries depreciate in value by Tk. 400.Of the remaining amount; Meena gives Tk.250 to the government in sales taxes. Later she retains 290 taka in her business for buying new machines and receives 470 as old scheme benefit. From the remaining amount that Meena takes home, she pays Tk.500 as income taxes. Based on this information, compute Meena’s contribution to the following measures of income:

a. Gross Domestic product

b. Net National Product

c. National Income

d. Personal Income

e. Disposable Personal Income

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