(iii) Personal Income Disposable Income Household Consumption Expenditure (iv) (v)

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
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(iii)
Personal Income
Disposable Income
Household Consumption Expenditure
(iv)
(v)
Transcribed Image Text:(iii) Personal Income Disposable Income Household Consumption Expenditure (iv) (v)
You are given the following information about an economy:
$millions
GDP at Market Prices
1,,669.4
Imports
Gross Domestic Capital Formation
Income accruing to the Public Sector
Retained Business Earnings
Exports
Subsidies
290.5
48.7
39.0
75.9
273.4
16.8
Factor Payments from Abroad
Capital Consumption Allowance
Income Payments to Foreigners
10.0
10.5
19.2
Direct Taxes
355.6
Public Sector Consumption Expenditure
490.1
Indirect Taxes
297.3
Transfer Payments
25.7
Transcribed Image Text:You are given the following information about an economy: $millions GDP at Market Prices 1,,669.4 Imports Gross Domestic Capital Formation Income accruing to the Public Sector Retained Business Earnings Exports Subsidies 290.5 48.7 39.0 75.9 273.4 16.8 Factor Payments from Abroad Capital Consumption Allowance Income Payments to Foreigners 10.0 10.5 19.2 Direct Taxes 355.6 Public Sector Consumption Expenditure 490.1 Indirect Taxes 297.3 Transfer Payments 25.7
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