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If you have the following data that representing an economy of a country as follow: transfer payments 600 Indirect taxes 450 Wages 2395 social security
If you have the following data that representing an economy of a country as follow: transfer payments 600 Indirect taxes 450 Wages 2395 social security deductions 250 personal taxes (direct taxes) 420 Imports 440 Rent 145 income of foreigners inside Jordan 490 Exports 250 retained (undistributed) profit 120 Interest 360 Depreciations 80 transfer payments 600 income of the Jordanian from abroad 240 Gross private investment expenditures 850 corporate taxes 320 Government expenditures 940 Profit 570 According to the above information, answer the following questions: 1. find the following values related to GDP accounts : Gross domestic product (GDP) = Net domestic product (NDP) = Domestic income (DOI) = Gross national product (GNP) = Net national product (NNP) = National income (NI) = Personal income = Disposable personal income (DPI) = household savings (S) = Cash Dividends ( distributed profit) = 2. Find the Gross Domestic Product (GDP) according to income approach? (show me the steps) 3. Prepare the government budget and show the result of it? 4. Prepare the national savings and national investments accounts
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