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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
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
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