TEXS USD Houebold coasumption Private inestment Gevemment ependitre Export Impert Factor income receired from abroad Factor income paid abroad Tases on espendite Subsidies Depreciation Transfer payments 3.500 3,000 2250 3.500 750 1500 3750 2250 2000 S00 1250 $50 BRetained eamings Employees Provident Pand Social Security Contributions Personal income tes 650 S00 350 1750 Calculate: i Gross domestic product (GDP) maket price. Gross domestic producta factor cost. National income
TEXS USD Houebold coasumption Private inestment Gevemment ependitre Export Impert Factor income receired from abroad Factor income paid abroad Tases on espendite Subsidies Depreciation Transfer payments 3.500 3,000 2250 3.500 750 1500 3750 2250 2000 S00 1250 $50 BRetained eamings Employees Provident Pand Social Security Contributions Personal income tes 650 S00 350 1750 Calculate: i Gross domestic product (GDP) maket price. Gross domestic producta factor cost. National income
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![EXERCISE 2 FOR NATIONAL INCOME [Compatibility Mode] - Word
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USD
MILLION
ITEMS
Housebold consumption
3,500
Private investment
3,000
Govemment expenditure
Export
2,250
3,500
Import
750
Factor income received from abroad
1500
Factor income paid abroad
3750
Taxes on expenditure
2250
Subsidies
2000
Depreciation
Transfer payments
800
1250
Corporate income taxes
Retained eamings
850
650
Employees Provident Fund
Social Security Contributions
Personal income taxes
800
550
1750
Calculate:
i
Gross domestic product (GDP) at market price
Gross domestic product at factor cost.
National income.
iv.
Personal income
Disposable income.
V.
b.
List FOUR (4) problems calculating national income.
*
ta Accessihilitr Unavailahle
364 words
English (Malaysia)
55%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F40040f13-3a97-40d8-8fef-e648c4079054%2F96de141d-a491-4ff0-9bde-db133ba6af23%2Fgbwukj_processed.png&w=3840&q=75)
Transcribed Image Text:EXERCISE 2 FOR NATIONAL INCOME [Compatibility Mode] - Word
nur rynn binti jeffry NR
File
Home
Insert
Draw
Design
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References
Mailings
Review
View
Help
Acrobat
O Tell me what you want to do
& Share
P Find -
Times New Roma - 12
A A Aa -
AaBbCcDc AaBbCc[ AaBbCc[ AaBbCcDc AaBbCc[
ake Replace
Create and Share Request
Adobe PDF Signatures
Paste
BIU - abe x, x
A
aly
A
I Normal
Body Text
T List Para. T No Spac. 1 Table Pa.
A Select
Clipboard S
Font
Paragraph
Styles
Editing
Adobe Acrobat
USD
MILLION
ITEMS
Housebold consumption
3,500
Private investment
3,000
Govemment expenditure
Export
2,250
3,500
Import
750
Factor income received from abroad
1500
Factor income paid abroad
3750
Taxes on expenditure
2250
Subsidies
2000
Depreciation
Transfer payments
800
1250
Corporate income taxes
Retained eamings
850
650
Employees Provident Fund
Social Security Contributions
Personal income taxes
800
550
1750
Calculate:
i
Gross domestic product (GDP) at market price
Gross domestic product at factor cost.
National income.
iv.
Personal income
Disposable income.
V.
b.
List FOUR (4) problems calculating national income.
*
ta Accessihilitr Unavailahle
364 words
English (Malaysia)
55%
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