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The following figures are from data on Good Island Economy Items $m Net private investment 940 Depreciation 56 Compensation of employees 2 256 Corporate taxes
The following figures are from data on Good Island Economy
Items | $m |
Net private investment | 940 |
Depreciation | 56 |
Compensation of employees | 2 256 |
Corporate taxes | 416 |
Personal taxes | 756 |
Personal Consumption expenditure | 4 386 |
Government purchases | 3 182 |
Indirect business taxes minus subsidies | 482 |
Payment of factor income to the rest of the world | 95 |
Corporate profits minus dividends | 56 |
Government transfer payments and interest | 243 |
Exports | 855 |
Receipts of factor income from abroad | 186 |
Imports of goods and services | 385 |
Social insurance payments | 332 |
Required: Use the above information to answer the following
i.)
Calculate for Good Island:
- Gross private investment
- Gross Domestic product
- Gross National Product
- Net National Product
- National income
- Personal Income
- Disposable Personal Income
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