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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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