7,579) Nondurable goods (67,5

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter19: Measuring Economic Performance
Section: Chapter Questions
Problem 6P
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Direction: Solve for GDP using the industrial origin approach. Show your Solutions in its simplest form

GIVEN: at current prices (in million pesos)
Personal consumption expenditure
Durable goods (7,579)
Nondurable goods (67,566)
Personal services (19,830)
Private domestic investment
Residential fixed (5,210)
Business fixed (15,260)
Change in inventories (4,599)
Government consumption & investment purchases (19,810)
Net export
Export (9,820)
Import (13, 480)
Corporate profits before taxes
Corporate profit taxes (3,690)
Dividends (4,250)
Undistributed profits (3,390)
Income of unincorporated enterprises (7,680)
Depreciation (overall) (9,950)
Indirect business taxes, adjustments, & statistical discrepancy (28,150)
Rental income of person (14,695)
Net interest (5,680)
Wages, Salaries, and supplements (98,320)
Agriculture (43,280)
. Fishery and forestry (32,750)
Mining (22,810)
Quarrying (21,235)
Manufacturing (31,090)
Construction (15,888)
Transportation, communication, storage & utilities (62,280)
Commerce (20,579)
Services (23,134)
Trade (38,189)

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