Question No. 2:

Given the data below, use the various methods of measuring National Income to calculate the following:

• Gross Domestic Product (GDP)
• Net Domestic Product (NDP)
• National Income (NI).
• Personal Income (PI)
• Disposable Income (DI)

Personal consumption expenditures Rs.(in Billions) 400

Government purchases 128

Gross private domestic investment 88

Net exports 7

Net foreign factor income earned in the Pakistan 18

Consumption of fixed capital 43

Indirect business taxes 50

Transfer Payments 169

Personal Taxes 32

Corporate income taxes 36

Social security contribution 24

Undistributed corporate profits 22

Answer 2:

Personal consumption expenditures 400

Government purchases

Gross private domestic investment

Net exports

Gross Domestic Product (GDP)

Consumption of fixed capital

Net Domestic Product (NDP)

Net foreign factor income earned in the Pakistan

Indirect business taxes

National Income (NI)

Social security contributions

Corporate income taxes

Undistributed corporate profits

Transfer payments

Personal Income (PI)

Personal Taxes

Disposable Income (DI)