solve e part only...hand written Question 1Given the following data for a country A for the year ended December 2021ItemsPrivate expenditureGovernment expenditureGross private investmentGross government investmentIncrease in stockNet ExportWage and salariesInterest, rent and dividendNet factor income from abroadDepreciationIndirect taxesSubsidiesRM Million500044001000120030011004000200014038017001600Calculate:a) GDP at market priceb) GDP at factor costc) GNP at factor costd) GNI at factor coste) What is the country's economic growth for the year 2021, the price index for the year 2021is 104.5 and the real national income for 2020 as calculated from the table above.

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Question 1 Given the following data for a country A for the year ended December 2021 Items Private expenditure Government expenditure Gross private investment Gross government investment Increase in stock Net Export Wage and salaries Interest, rent and dividend Net factor income from abroad Depreciation RM Million 5000 4400 1000 1200 300 1100 4000 2000 140 380 Indirect taxes 1700 Subsidies 1600 Calculate: a) GDP at market price b) GDP at factor cost c) GNP at factor cost

Question 1 Given the following data for a country A for the year ended December 2021 Items Private expenditure Government expenditure Gross private investment Gross government investment Increase in stock Net Export Wage and salaries Interest, rent and dividend Net factor income from abroad Depreciation RM Million 5000 4400 1000 1200 300 1100 4000 2000 140 380 Indirect taxes 1700 Subsidies 1600 Calculate: a) GDP at market price b) GDP at factor cost c) GNP at factor cost

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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