Question
The following table represents the national income data for a country in 2015. items RM (million) Personal expenditure 300 Net foreign factor income received in
The following table represents the national income data for a country in 2015.
items RM (million)
Personal expenditure 300
Net foreign factor income received in Malaysia 700
Transfer payments 150
Capital consumption 120
Social security contributions 56
Net export -53
Dividends 50
Indirect business taxes 254
Undistributed corporate taxes 145
Personal income taxes 167
Corporate income taxes 189
Subsidy 90
Personal saving 678
Net private domestic investment 943
Government expenditure 600
Calculate:
a) Gross Domestic Product (GDP) at market price.
b) Gross National Product (GNP) at factor cost.
c) Net National Product at factor cost.
d) Disposable Personal Income.
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