Income aproach Table 2 Items RM (Millions) Wages and salary 1,050 Rent 850 Interest 880 Distributed Profit 1,300 Proprietor’s income 750 Depreciation 200 Undistributed profit 200 Transfer payment 75 Social security contribution 90 Personal Income Tax 110 Net factor income earned from abroad 89 Based on the above data, calculate: Gross Domestic Income Gross National Income National Income
Income aproach Table 2 Items RM (Millions) Wages and salary 1,050 Rent 850 Interest 880 Distributed Profit 1,300 Proprietor’s income 750 Depreciation 200 Undistributed profit 200 Transfer payment 75 Social security contribution 90 Personal Income Tax 110 Net factor income earned from abroad 89 Based on the above data, calculate: Gross Domestic Income Gross National Income National Income
Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter5: Measuring A Nation's Income
Section: Chapter Questions
Problem 12PA
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Question
Income aproach
Table 2
Items |
RM (Millions) |
Wages and salary |
1,050 |
Rent |
850 |
Interest |
880 |
Distributed Profit |
1,300 |
Proprietor’s income |
750 |
|
200 |
Undistributed profit |
200 |
Transfer payment |
75 |
Social security contribution |
90 |
Personal Income Tax |
110 |
Net factor income earned from abroad |
89 |
Based on the above data, calculate:
- Gross Domestic Income
- Gross
National Income - National Income
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