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Can you help me solve the question? Thankyou. QUESTION 1 (20 marks) The table below shows National income data for a country. Items RM million
Can you help me solve the question? Thankyou.
QUESTION 1 (20 marks) The table below shows National income data for a country. Items RM million Household consumption 45 150 Gross interest 7 500 Rental 8 750 Depreciation 3 900 Wages and Salaries 31100 Gross Investment 7 250 Dividend 8100 Government expenditure 10 600 Corporate tax 550 Indirect taxes 7 275 Undistributed profit 2000 subsidies 1 175 Export 25 675 Import 23 175 Net factor income from abroad 5 500 Social security contribution 180 Personal income tax 5 090 Transfer payments 1 150 Interest on consumer loan 1500 Interest on government loan 1000 2 Based on the above data, calculate: I. Gross Domestic Product at market price (GDPmp) using expenditure approach. (3.5 Marks) II. Gross National Product at factor cost (GNPfc) ( 3 Marks ) III. NI using income approach. (5.5 Marks ) IV. Personal income. (4.5 marks) V. Corporate profit (2.5 Marks) VI. Disposable income (1 mark)Step by Step Solution
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