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Kindly answer the following questions You are given the following national accounting data for Country A: f billions Consumers' expenditure (excluding indirect taxes and 80

Kindly answer the following questions

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You are given the following national accounting data for Country A: f billions Consumers' expenditure (excluding indirect taxes and 80 subsidies) Government expenditure on goods and services 50 Transfer payments 20 Investment expenditure 30 Import expenditure 40 Exports expenditure 25 Subsidies 15 Indirect taxes 20 Capital depreciation 5 Net income from abroad 20 (i) Calculate the gross domestic product at basic prices. C (ii) Calculate the gross domestic product at market prices. [1] (iii) Calculate the gross national income at market prices. [1] (iv) Calculate the net national income at market prices. [Total 4]Chris, aged 32, buys a 12-year temporary assurance with a sum assured of $5,000 payable at the end of year of death. Calculate the annual premium for this policy. Assume AM92 Select mortality, 4% pa interest and that premiums are payable annually in advance. Allow for initial expenses of E100 and renewal expenses of 3% of each premium, excluding the first. [5]

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