You are given the following information about an economy: $ Millions  GDP at Market Prices -1,,669.4 Imports-                        290.5 Gross Domestic Capital Formation -48.7 Income accruing to the Public Sector -39.0 Retained Business Earnings -75.9 Exports -273.4 Subsidies -16.8 Factor Payments from Abroad -10.0 Capital Consumption Allowance -10.5 Income Payments to Foreigners -19.2 Direct Taxes -355.6 Public Sector Consumption Expenditure- 490.1 Indirect Taxes -297.3 Transfer Payments -25.7 Derive the following: (i) National Income  (ii) Net Investment  (iii) Personal Income

Survey of Economics (MindTap Course List)
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ISBN:9781305260948
Author:Irvin B. Tucker
Publisher:Irvin B. Tucker
Chapter11: Gross Domestic Product
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Problem 13SQ
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You are given the following information about an economy: $ Millions 

GDP at Market Prices -1,,669.4
Imports-                        290.5
Gross Domestic Capital Formation -48.7
Income accruing to the Public Sector -39.0
Retained Business Earnings -75.9
Exports -273.4
Subsidies -16.8
Factor Payments from Abroad -10.0
Capital Consumption Allowance -10.5
Income Payments to Foreigners -19.2
Direct Taxes -355.6
Public Sector Consumption Expenditure- 490.1
Indirect Taxes -297.3
Transfer Payments -25.7

Derive the following:
(i) National Income 
(ii) Net Investment 
(iii) Personal Income 

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