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Consumption $5000 (in billion) Gross Investment 1000 Indirect business taxes 300 Retained earning 244 Corporate taxes 100 Social securities taxes 800 Government purchases 1500 Export

Consumption $5000 (in billion)

Gross Investment 1000

Indirect business taxes 300

Retained earning 244

Corporate taxes 100

Social securities taxes 800

Government purchases 1500

Export 500

Transfer payments 1000

Net interest 500

Net foreign factor income 4

Capital consumption allowance 800

Import 100

Personal income tax 200

Calculate GDP from the above figures:

GDP = Consumption + Gross Investment + Government Purchases + (Exports - Imports) Plugging in the values from the above list, we get:

GDP = 5000 + 1000 + 1500 + (500 - 100) GDP = 5000 + 1000 + 1500 + 400

GDP = 7900 billion

Calculate net investment from the above figures:

Net Investment = Gross Investment - Capital consumption allowance (Depreciation)

Net Investment = $1000 - $800

Net Investment =$200 billion

Calculate net domestic product (NDP) from the above figures:

NDP = GDP - Capital Consumption Allowance

Plugging in the values from the above list, we get:

NDP= 8400 - 800 NDP = 7600 billion

Calculate national income from the above figures:

National Income = GDP - Capital Consumption Allowance - Net Foreign Factor Income

Plugging in the values from the above list, we get:

National Income = 8400 - 800 - 4

National Income = 7596 billion

Calculate personal income from the above figures

Personal Income = National Income - Corporate Taxes - Social Security Taxes - Transfer Payments

Plugging in the values from the above list, we get:

Personal Income = 7596 - 100 - 800 - 1000

Personal Income = 6696 billion

Calculate disposable income from the above figures

Disposable Income = Personal Income - Personal Income Tax

Plugging in the values from the above list, we get:

Disposable Income = 6696 - 200

Disposable Income = 6496 billion

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