Question 2 (CLO2: C3) The following table shows the national income data for an economy in year 2020. ITEMS RM (Million) 160 100 Dividends Interest on government loan Undistributed profit Gross interest Subsidies Corporate income taxes interest on consumer Indirect taxes Gross Domestic Product at factor cost Depreciation Wages and salaries Rent Corporate income before taxes You are required to calculate: (d) Gross National Product at factor cost. (e) Net factor income from abroad. 125 990 120 180 90 160 4,370 250 1,080 645 710
Question 2 (CLO2: C3) The following table shows the national income data for an economy in year 2020. ITEMS RM (Million) 160 100 Dividends Interest on government loan Undistributed profit Gross interest Subsidies Corporate income taxes interest on consumer Indirect taxes Gross Domestic Product at factor cost Depreciation Wages and salaries Rent Corporate income before taxes You are required to calculate: (d) Gross National Product at factor cost. (e) Net factor income from abroad. 125 990 120 180 90 160 4,370 250 1,080 645 710
Chapter1: Making Economics Decisions
Section: Chapter Questions
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![Question 2 (CLO2: C3)
The following table shows the national income data for an economy in year 2020.
ITEMS
Dividends
Interest on government loan
Undistributed profit
Gross interest
Subsidies
Corporate income taxes
interest on consumer loan
Indirect taxes
Gross Domestic Product at factor cost
Depreciation
Wages and salaries
Rent
Corporate income before taxes
You are required to calculate:
(d)
Gross National Product at factor cost.
Net factor income from abroad.
RM (Million)
160
100
125
990
120
180
90
160
4,370
250
1,080
645
710](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7ab2fcdd-e673-450e-8879-48d7de8ef6bd%2F3c69d7ff-1afa-4fe8-82aa-131fbf9c6a7e%2Ftf8oxa_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Question 2 (CLO2: C3)
The following table shows the national income data for an economy in year 2020.
ITEMS
Dividends
Interest on government loan
Undistributed profit
Gross interest
Subsidies
Corporate income taxes
interest on consumer loan
Indirect taxes
Gross Domestic Product at factor cost
Depreciation
Wages and salaries
Rent
Corporate income before taxes
You are required to calculate:
(d)
Gross National Product at factor cost.
Net factor income from abroad.
RM (Million)
160
100
125
990
120
180
90
160
4,370
250
1,080
645
710
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