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
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
Survey of Economics (MindTap Course List)
9th Edition
ISBN:9781305260948
Author:Irvin B. Tucker
Publisher:Irvin B. Tucker
Chapter11: Gross Domestic Product
Section: Chapter Questions
Problem 13SQ
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Question
Using the following information
Personal Consumption Expenditure = 1375
Indirect Business Tax = 180
Undistributed Profits = 80
Corporate income Tax = 202
Personal Savings = 68
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)
d) Personal Income
e) Personal Disposable Income
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