The data below contains sufficient hypothetical information for the calculation of the

National Income in a certain year for XYZ Country; the inflation rate is given as 30%

for that year. The figures are in million US dollars ($).

Personal Consumption Expenditure

1000

Oil Deposit receipts

500

Monetary Value of Services Sector

900

Indirect Taxes

200

Selling Price of Livestock products

80

Public Authorities' Spending on Goods and Services

500

Wages and Salaries

900

Market Value of Crops

400

Value of Output produced by Construction sub-sector

300

Gross Domestic Fixed Capital Formation

800

Income of Self-Employed

300

Monetary Value of Cocoa

200

Bribes received by Government Officials

350

Exports of Goods and Services

400

Rents

500

Monetary Value of products from Fisheries sub-sector

120

Market Value of Mining and Quarrying Outputs

200

Subsidies

200

Property Income received from Abroad

600

Remittances from Abroad

240

Imports of Goods and Services

600

Undistributed Profit

300

Monetary Value of Forestry Outputs

230

Selling Price of Manufacturing Products

190

Interest on Capital

340

Property Income Paid Abroad

800

Fringe Benefits received by Employees

200

Transfer Payments received by Households

150

Monetary Value of Electricity Output

430Monetary Value of Water and Sewerage

350

Net Domestic Fixed Capital Formation

700

Calculate the following:

a) Gross Domestic Expenditure at factor cost

b) Net National Income at factor cost

c) Real National Income

d) Real Income per capita given that the population for this economy is 30 million.