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NAME: SEC SCORE Given the following accounts in Billion Philippine Pesos: Exports = 1121 Income from aninal breeding = 6722 Pag-IBIG contributions = 1478 Personal
NAME: SEC SCORE Given the following accounts in Billion Philippine Pesos: Exports = 1121 Income from aninal breeding = 6722 Pag-IBIG contributions = 1478 Personal Direct Taxes = 1611 Imports = 1124 Social Security contributions = 1234 Corporate taxes = 3333 Consumer services = 951 Philhealth contributions = 2579 Compensation of labor = 3260 Indirect taxes = 816 Consumer non-durables = 1210 Payment of salaries of govt employees Construction income = 5272 = 6348 New residential construction = 4800 Expenses on 4P's = 2833 Interest & dividends = 2100 Increase in stocks = 1270 Subsidies = 163 Private Transfer payments = 166 Capital consumption allowance = 1484 Income of educational institutions = 4128 Manufacturing income = 3050 Retained earnings = 5000 Net of OFW remittances = 1484 Income from Commerce & Trade = 1493 Income of Health-related centers = Orchard income = 2428 2131 Durable household final goods = 2222 Payment of streetlights = 3174 Lease = 4567 Construction of new roads = 5252 Public sector income from goods & services = 6311 REQUIRED: 1. Compute the 3 GNP approaches (expenditure, income and value-added) and kindly make sure that all account items are properly identified before the values are substituted and the solution is shown. 2 . Compute Personal Savings by using the other measures from GNP kindly make sure that all account items are properly identified before the values are substituted and the solution is shown. 3. Assuming that total population is 108 million, compute the per capita GNP, per capita GDP and the per capita National income. Show the formula used and the computation
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