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QUESTION 1 (10 MARKS) The table below shows the Malaysian budget for the years 1996 to 2001. Item RM (Million) 1996 1997 1998 1999 2000

QUESTION 1 (10 MARKS)

  1. The table below shows the Malaysian budget for the years 1996 to 2001.
Item RM (Million)
1996 1997 1998 1999 2000 2001
Total Revenue 58,280 66,736 56,710 58,677 63,500 69,610
Total Expenditure 51,558 52,166 62,688 68,161 81,492 85,746
Overall Budget
Type of Budget

.

Fill the blank information on overall budget and type of budget for each year.

(6 marks)

2. The table below shows the source of borrowing by the government in the year 2019.

Source of borrowing RM (Million)
External market loan 25,766
Investment certificates 7,000
Treasury bills 4,320
External project loan 9,196
Government securities 130,800

Calculate the internal debt and external debt of the country in the year 2019.

(4 marks)

QUESTION 2 (10 MARKS)

The table below shows an income data in two countries at last year.

Item

Amount in RM (million)

CATLAND DOGLAND
Investment 45 55
Net exports 30 40
Transfer payment 98 103
Changes in stock 24 32
Retained earning 20 33
Employee provident fund 34 55
Taxes on expenditure 10 24
Government Expenditure 60 75
Factor income received from abroad 92 90
Factor income paid from abroad 66 95
Consumption expenditure 121 110
Personal income tax 36 44
Depreciation 53 64
Imports 20 10
Subsidies 16 20
Corporate income tax 27 42

  1. Calculate:

a. Gross Domestic Product at market price for each country.

(2marks)

b. Gross Domestic Product at factor cost for each country.

(2 marks)

c. Gross National Product at factor cost for each country.

(2 marks)

d. National income for each country.

(2 marks)

e. Disposable personal income for each country.

(2 marks)

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