Question
Show all the necessary steps that lead to your answer. Give the name of one government agency that publishes GDP data and provide the URL
Show all the necessary steps that lead to your answer.
- Give the name of one government agency that publishes GDP data and provide the URL link where you can find the data.
2.
Consumption $5000 (in billion)
Gross Investment 1000
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
Capital consumption allowance 800
Import 100
Personal income tax 200
a.Calculate GDP from the above figures:
b. Calculate net investment from the above figures:
c. Calculate net domestic product (NDP) from the above figures:
d. Calculate national income from the above figures:
e. Calculate personal income from the above figures
f. Calculate disposable income from the above figures
g. Calculate disposable income from the above figures
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