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step by step explanations and list formula used beforehand please! Use the data to calculate the following: (a)GDP ( Hint : use the balance between

step by step explanations and list formula used beforehand please!

Use the data to calculate the following:

  1. (a)GDP (Hint: use the balance between sources and uses)
  2. (b)Net domestic product at market price

(c) Net national disposable income at market price

(d) Labour income as a share of gross value added at basic price

(e) Gross and net capital income as a share of gross value added at basic price

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Even more GDP calculations. Data for Smalland can be found in the table below. Variable Amount Private consumption 50 Government consumption 23 Private investment 20 Government investment 3 Exports 36 Imports 32 Primary income from Raw 5 Primary income to RoW 2 Taxes less subsidies on products 10 Net transfers from RoW 0 Capital stock 200 Depreciation rate 7.5% Labour income 60 Net interest paid from gov't to private sector 1 Gov't income from private sector (taxes, etc.) minus transfers 24

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