Using the following information: JAM$ million Subsidies 0 Gross national product at market prices 300 Imports 30 Net national product 275 Exports 30 Net national product at factor cost 260 Personal savings 15 Personal income 225 Government transfer payments 5 Undistributed corporate profits 20 Government expenditure on commodities 40 Personal consumption 160 Derive the following, showing all calculations: Personal disposable income a. Indirect taxes b. Net investment c. Depreciation d. Corporate income taxes e. Personal income taxes
Using the following information: JAM$ million Subsidies 0 Gross national product at market prices 300 Imports 30 Net national product 275 Exports 30 Net national product at factor cost 260 Personal savings 15 Personal income 225 Government transfer payments 5 Undistributed corporate profits 20 Government expenditure on commodities 40 Personal consumption 160 Derive the following, showing all calculations: Personal disposable income a. Indirect taxes b. Net investment c. Depreciation d. Corporate income taxes e. Personal income taxes
Chapter5: Gross Domestic Product
Section: Chapter Questions
Problem 13SQ
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Using the following information: JAM$ million Subsidies 0 Gross national product at market prices 300 Imports 30 Net national product 275 Exports 30 Net national product at factor cost 260 Personal savings 15 Personal income 225 Government transfer payments 5 Undistributed corporate profits 20 Government expenditure on commodities 40 Personal consumption 160 Derive the following, showing all calculations: Personal disposable income a. Indirect taxes b. Net investment c.
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