a. Below is the national income data of a country in a year 2021. Calculate the: ITEMS Private expenditure Mining and quarrying Finance and insurance Manufacturing Transportation Hotel and restaurant Agriculture, forestry and fishing Communication Dividends received by individuals Capital consumption Indirect taxes Net factor income received from abroad Subsidies Transfer payments i. Gross Domestic Product at market price.- insurance- ii. Gross Domestic Product at factor cost. RM (Million) 2000 800 950 2500 4000 1260 2280 740 130 200 1500 690 89 140 iii. Gross National Product at factor cost.

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
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a. Below is the national income data of a country in a year 2021.
Calculate the:
ITEMS
Private expenditure
Mining and quarrying
Finance and insurance
Manufacturing
Transportation
Hotel and restaurant
Agriculture, forestry and fishing
Communication
Dividends received by individuals
Capital consumption
Indirect taxes
Net factor income received from abroad
Subsidies
Transfer payments
i. Gross Domestic Product at market price.
ii. Gross Domestic Product at factor cost.
iii. Gross National Product at factor cost.
iv. National Income.
RM (Million)
2000
800
950
2500
4000
1260
2280
740
130
200
1500
690
89
140
- insurance.
Transcribed Image Text:a. Below is the national income data of a country in a year 2021. Calculate the: ITEMS Private expenditure Mining and quarrying Finance and insurance Manufacturing Transportation Hotel and restaurant Agriculture, forestry and fishing Communication Dividends received by individuals Capital consumption Indirect taxes Net factor income received from abroad Subsidies Transfer payments i. Gross Domestic Product at market price. ii. Gross Domestic Product at factor cost. iii. Gross National Product at factor cost. iv. National Income. RM (Million) 2000 800 950 2500 4000 1260 2280 740 130 200 1500 690 89 140 - insurance.
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