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In the table below, you are given data for the country of Spruce. Net foreign factor...
Referring to the table below, fill in the missing data for the country of Birchwood. 500 Expenditures Consumption Gross investment Government spending Net exports 400 130 205 105 Incomes Compensation of employees Gross operating surplus Gross mixed income xes subsidies on production Indirect taxes (net of subsidies) Gross domestic income at market prices B5 45 55 Gross domestic product at market prices Less depreciation Less indirect taxes (net of subsidies) Net domestic product at basic prices 35 55 Less depreciation...
The following table gives categories for income and expenditures for a representative country: 750 600 Net exports of goods and services Net interest paid by business Government purchases of goods and services Gross private domestic investment 2.250 3.000 600 Indirect business taxes Rental income of individuals plus implicit rent on owner-occupied housing Wages, salaries employee compensation Personal consumption expenses Depreciation Proprietorial income Corporate profits 300 9.000 10.500 1.200 1.500 1.800 Use the data in the table to caloulate Gross Domestic...
We have the following information for an economy. All data are in billion dollars. Category Value Compensation of Employees Personal Consumption Expenditure Indirect Taxes minus Subsidies Rental Income Net Business Transfer Payments Corporate Profits Net Exports Proprictors' Income Surplus of Government Enterprises Personal Saving Net Interest Calculate National Income for this economy National Income S 6,500.00 9,225.00 720.00 650.00 0.00 1,100.00 -400.00 780.00 0.00 513.00 500.00 billion
1. (10 marks) The following are some of the national income accounts for the country of Alder (all figures are in Sbillions): CIndirect taxe I Net investment 160 60 380 100 150 140 100 120 160 40 10 60 50 500 270 140 rnment spending on goods and services Depreciation Personal income tax Transfer payments Personal savings Exports Imports Net foreign factor income Others income not paid out Dividends E-T Corporate profits tax Disposable income Compensation of employees Gross corporate...
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
1. a.) From the following data, calculate national income by income method Items (Units of m) Compensation of employees 800 Mixed income of self-employed 900 Net factor income from abroad - 50 Rent 350 Profit 600 Consumption of fixed capital 200 Net indirect taxes 250 Interest 450 Operating Surplus 1400
8. The income approach The following table shows macroeconomic data for a hypothetical country. All figures are in billions of dollars. Billions of Dollars $2,300 Gross private domestic investment Depreciation Exports $1,987 $3,120 $200 $4,521 Imports Government purchases of goods and services Personal consumption expenditures Indirect business taxes and misc. items Income received from other countries $6,300 $1,341 $1,118 $1,022 $8,174 $1,895 Income paid to other countries Compensation of employees (wages) Corporate profits Rental income Net interest Proprietors' income $365...
8. The income approach The following table shows macroeconomic data for a hypothetical country. All figures are in billions of dollars. Billions of Dollars Gross private domestic investment Depreciation $1,700 $1,387 Exports $2,320 Imports $1,500 $3,921 Government purchases of goods and services Personal consumption expenditures Indirect business taxes and misc. items $5,700 $741 Income received from other countries $518 $422 $7,574 Income paid to other countries Compensation of employees (wages) Corporate profits Rental income Net interest Proprietors' income $1,295 $35...
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of them needed to be solved
2. National income = 3000, Net foreign factor outcome from a country = 200, indirect business taxes = 1300. gross domestic product = 6000. Find Consumption of fixed capital. 3. Unemployment rate, amount of unemployed and amount of population out of labor are accordingly 8%, 320000, 2000000. Find the total population and labor force of a country 4. Initial GDP, GDP growth and multiplier are accordingly 1600, 400 and 2.5. Find marginal propensity...
(d) The following is an extract
from the national income data of a country in 2020. Study the
extract and answer the questions that follow: The agricultural
sector in 2020 produced foodstuffs, livestock, coffee and
groundnuts worth GHȼ 1,151 million. Manufacturing, construction,
mining, water and electricity produced GHȼ 1,035 million. Transport
and communication, finance, insurance and government services
contributed GHȼ 1,170 million. Farmers received GHȼ 350 million as
subsidies while government collected GHȼ 390 million in indirect
taxes. GHC150 million...