Using the following information Personal Consumption Expenditure = 1375 Indirect Business Tax = 180   Undistributed Profits = 80 Corporate income Tax = 202 Personal Savings = 68 Depreciation = 173 Transfer Payments to household sector = 228 Personal tax Payments = 203 Find a)      Gross National product at market price b)      Net National Product at market prices c)      National Income

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Chapter11: Gross Domestic Product
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Using the following information

Personal Consumption Expenditure = 1375

Indirect Business Tax = 180

 

Undistributed Profits = 80

Corporate income Tax = 202

Personal Savings = 68

Depreciation = 173

Transfer Payments to household sector = 228

Personal tax Payments = 203

Find

a)      Gross National product at market price

b)      Net National Product at market prices

c)      National Income                                                   

d)      Personal Income

e)      Personal Disposable Income

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