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(a)The information given below is obtained from the national income accounting records for country A in a particular year. Components RM (Million) Household consumption (C)

(a)The information given below is obtained from the national income accounting records for country A in a particular year.

Components

RM (Million)

Household consumption (C)

35,350

Public and private gross investments (I)

8,150

Government expenditure (G)

10,000

Change in inventory (I)

-

Export of goods and services (X)

23,900

Import of goods and services (M)

20,400

Net factor income from abroad

-7,000

Indirect taxes

5,950

Subsidies

850

Depreciation

2,900

Based on the table above, find the:

(i)Gross domestic product at market price (GDPmp)(4 marks)

(ii)Gross national product at market price (GNPmp)(3 marks)

(iii)Gross national product at factor cost (GNPfc) (3 marks)

(iv)Net national product at factor cost (NNPfc)(3 marks)

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