Answer the next questions on the basis of the following national income data for the economy, where households saving account for 40% of their disposable income. The government budget showed a surplus of (10) while the balance of trade showed a deficit of (30). All figures are in millions of JDs. Item Item Personal (direct) taxes Indirect taxes Wages and Salaries Distributed profits (dividends) Net Domestic Product Find: Amount (JD) 15 Interest 25 Depreciation 100 Transfer payments 35 Rent 225 1. Retained (undistributed) profits 2. Household consumption expenditures. 3. Net investment expenditures. Amount (JD) 30 15 5 20

Answer the next questions on the basis of the following national income data for the economy, where households saving account for 40% of their disposable income. The government budget showed a surplus of (10) while the balance of trade showed a deficit of (30). All figures are in millions of JDs. Item Item Personal (direct) taxes Indirect taxes Wages and Salaries Distributed profits (dividends) Net Domestic Product Find: Amount (JD) 15 Interest 25 Depreciation 100 Transfer payments 35 Rent 225 1. Retained (undistributed) profits 2. Household consumption expenditures. 3. Net investment expenditures. Amount (JD) 30 15 5 20

MACROECONOMICS

14th Edition

ISBN:9781337794985

Author:Baumol

Publisher:Baumol

Chapter8: Aggregate Demand And The Powerful Consumer

Section8.A: National Income Accounting

Problem 3TY

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