Show all the necessary steps that lead to your answer. 1. Consumption $6000 (in billion) Gross Investment
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Show all the necessary steps that lead to your answer.
1. Consumption $6000 (in billion)
Gross Investment 1500
Indirect business taxes 300
Retained earning 244
Corporate taxes 100
Social securities taxes 800
Government purchases 1500
Export 500
Transfer payments 1000
Net interest 500
Net foreign factor income 4
Depreciation/ 800
Capital consumption allowance
Import 100
Personal income tax 200
a. Calculate GDP from the above figures
b. Calculate national income from the above figures
c. Calculate personal income from the above figures
d. Calculate disposable income from the above figures
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