Derive the following: (i) National Income (ii) Net Investment Personal Income Disposable Income Household Consumption Expenditure (iv) (v)

Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter7: Production And Growth
Section: Chapter Questions
Problem 5CQQ
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4.
You are given the following information about an economy:
Smillions
GDP at Market Prices
Imports
Gross Domestic Capital Formation
Income accruing to the Public Sector
Retained Business Earnings
1,,669.4
290.5
48.7
39.0
75.9
Exports
Subsidies
Factor Payments from Abroad
Capital Consumption Allowance
Income Payments to Foreigners
273.4
16.8
10.0
10.5
19.2
355.6
Direct Taxes
Public Sector Consumption Expenditure
490.1
Indirect Taxes
297.3
Transfer Payments
25.7
Derive the following:
(i)
(ii)
(iii)
(iv)
(v)
National Income
Net Investment
Personal Income
Disposable Income
Household Consumption Expenditure
Transcribed Image Text:4. You are given the following information about an economy: Smillions GDP at Market Prices Imports Gross Domestic Capital Formation Income accruing to the Public Sector Retained Business Earnings 1,,669.4 290.5 48.7 39.0 75.9 Exports Subsidies Factor Payments from Abroad Capital Consumption Allowance Income Payments to Foreigners 273.4 16.8 10.0 10.5 19.2 355.6 Direct Taxes Public Sector Consumption Expenditure 490.1 Indirect Taxes 297.3 Transfer Payments 25.7 Derive the following: (i) (ii) (iii) (iv) (v) National Income Net Investment Personal Income Disposable Income Household Consumption Expenditure
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