Question
4. Given the following data in Billion Pesos: Corporate profits 305 Compensation of employees 2,648 Depreciation 479 Rental income 19 Gross private domestic investment 716
4. Given the following data in Billion Pesos:
Corporate profits
305
Compensation of employees
2,648
Depreciation
479
Rental income
19
Gross private domestic investment
716
Exports
427
Personal taxes
565
Personal consumption expenditures
2,966
Government spending
924
Indirect business taxes
370
Imports
547
SSS contributions
394
Net Interest
337
Transfer payments
967
Proprietor's income
328
Compute the following and show the solution with account names and not only values.NO SOLUTION, NO CREDIT (24 pts)
a.GDP
b.NDP
c.National Income or NNP at Factor Cost
d. NNP at Market Prices
e. Factor Income of Persons
f.Personal Income
g. Disposable Personal Income
h. Personal Savings
5. If National Income is 3,000 billion pesos, Capital consumption allowance is 500 billion pesos and Indirect taxes are 400 billion pesos.Compute the following and show the solution with account names and not only values.NO SOLUTION, NO CREDIT. (9 pts)
a.NDP
b.GDP
c. To which concept is NDP equal to?
6. What percent of GDP is Net Exports if C = 65%, G = 25%, and I = 15%?Show the solution and explain your answer?(5 pts)
Net Exports =
7. Explain briefly the economic activities that happen in the Resource Market. (4 pts).
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