![15. Calculate National Income and Private Income from the following data: R (in crores) 25 Items 1. Current transfers by government 18. 2. Net domestic product at factor cost accruing to the government 90 200 -50 3. Govt. final consumption expenditure 4. Net exports 5. National debt interest 6. Net domestic capital formation 7. Consumption of fixed capital 8. Net 60 100 30 factor income paid to abroad 20 600 9. Private final consumption expenditure 10. Net indirect tax 11. Net current transfers from abroad 40 (-)10 775 crores] (Foreign 200 [Ans. (i) 790 crores, ( ii) 8)](http://img.homeworklib.com/questions/cd1f3210-70f3-11ea-822b-f1cfea98b2d2.png?x-oss-process=image/resize,w_560)
Homework Answers
National Income ( NNPfc) = private final consumption expenditure+ government final consumption expenditure+Net domestic capital formation+Net exports-net factor income to abroad- net indirect taxes
=600+200+100+-50- 0-40
=₹790 crores
private income= NNPfc -net domestic product at factor cost accruing to government+transfer payments+National debt interest
=790-90+(-10+25)+60
=₹775 crores
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15. Calculate National Income and Private Income from the following data: R (in crores) 25 Items...
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1,320 crore s2 Calculate (a) 'Net National Product at Market Price' and (b) 'Private 100 from the following: (in crores) 800 30 600 Items Net current transfers to abroad 250 40 ) Mixed income (m) Subsidies iv) Operating surplus )National debt interest )Net factor income to abroad 20 130 200 70 10 1400 vi) Compensation of employees Indirect tax ) Domestic product accruing to government Current transfers by government. 100 350 50
Question 2 Consider the following partial information from the national income and product accounts data for...
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80 (Table: Hypothetical Irish National Income and Product Accounts Data) What is the current account for...
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Question 2: 2.1 Below is a list of domestic output and national income figures for a given year. Calculate the national income level (GDP) by using the expenditure approach. (2) R245 » Personal consumption expenditures Net foreign factor income Rents Consumption of fixed capital Social contributions • Net exports Dividends Compensation of employees Undistributed corporate profits Personal taxes Corporate income taxes Corporate profits . Government purchases . Net private domestic investment Personal saving 2.2 Graphically illustrate the two components of...
OPtions Blank 1: open, Closed Blank 2: 41.3%, 39.1%, 36.2%, 40.2% Blank 3: Surplus, Deifcit Blank...
OPtions
Blank 1: open, Closed
Blank 2: 41.3%, 39.1%, 36.2%, 40.2%
Blank 3: Surplus, Deifcit
Blank 4: € 257 billion, € 316 billion, € 294 billion, € 251
billion
Blank 5: 25.3%, 26.5%, 27.6%, 25.6%
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refer to the accompanying national income statistics (in billions and dollars ) national income is ???...
refer to the accompanying national income statistics (in
billions and dollars ) national income is ???
Net Foreign Factor Income Corporate Profits Gross Private Domestic Investment Proprietors' Income Dividends Consumption of Fixed Capital Social Security Contributions US Exports Government Purchases Personal Consumption Expenditures Transfer Payments Imports of the US Personal Taxes Corporate Income Taxes Taxes on Production and Imports Interest Undistributed Corporate Profits Statistical Discrepancy 5 0 16 1 66 1 < Prev 8 of 30 N earch
Suppose the following are national accounts data for a given year for a fictitious country: $B AUD Consumption of fixed...
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Suppose the following are national accounting data for a given year for Malaysia (hypothetical data) Amount...
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The table shows some of the items in Northland's National Income and Product Accounts in 2016....
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1,320 crore s2 Calculate (a) 'Net National Product at Market Price' and (b) 'Private 100 from the following: (in crores) 800 30 600 Items Net current transfers to abroad 250 40 ) Mixed income (m) Subsidies iv) Operating surplus )National debt interest )Net factor income to abroad 20 130 200 70 10 1400 vi) Compensation of employees Indirect tax ) Domestic product accruing to government Current transfers by government. 100 350 50
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Question 2: 2.1 Below is a list of domestic output and national income figures for a given year. Calculate the national income level (GDP) by using the expenditure approach. (2) R245 » Personal consumption expenditures Net foreign factor income Rents Consumption of fixed capital Social contributions • Net exports Dividends Compensation of employees Undistributed corporate profits Personal taxes Corporate income taxes Corporate profits . Government purchases . Net private domestic investment Personal saving 2.2 Graphically illustrate the two components of...
OPtions
Blank 1: open, Closed
Blank 2: 41.3%, 39.1%, 36.2%, 40.2%
Blank 3: Surplus, Deifcit
Blank 4: € 257 billion, € 316 billion, € 294 billion, € 251
billion
Blank 5: 25.3%, 26.5%, 27.6%, 25.6%
Suppose you have the following data from Germany's national income and product accounts Billions of Euros Gross national disposable income Personal consumption Investment Government consumption Imports of goods and services Exports of goods and services Factor service imports Factor service exports Unilateral transfers to other...
refer to the accompanying national income statistics (in
billions and dollars ) national income is ???
Net Foreign Factor Income Corporate Profits Gross Private Domestic Investment Proprietors' Income Dividends Consumption of Fixed Capital Social Security Contributions US Exports Government Purchases Personal Consumption Expenditures Transfer Payments Imports of the US Personal Taxes Corporate Income Taxes Taxes on Production and Imports Interest Undistributed Corporate Profits Statistical Discrepancy 5 0 16 1 66 1 < Prev 8 of 30 N earch
Suppose the following are national accounting data for a given year for Malaysia (hypothetical data) Amount (Billions SAUD) Consumption of fixed capital Gross private domestic investment Government consumption expenditures Government investment expenditures Imports Exports Household consumption expenditure Net property income paid overseas 285 725 720 165 -550 625 3010 -35 4 (a) (b) (c) (d) (e) Calculate GDP and the country's gross national expenditure using the expenditure approach: Derive the country's gross national product (GNP); Derive the country's net national...
The table shows some of the items in Northland's National Income and Product Accounts in 2016. Calculate Northland's net domestic product at factor cost in 2016. Amount (billions of dollars) 885 815 Northland's net domestic product at factor cost in 2016 is $ billion. Item Consumption expenditure Wages Government expenditure Interest, rent, and profit Indirect taxes less subsidies Depreciation Investment Net exports
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