dollars): Item Amount ($) Government purchase of goods and services 1,721.6 | Exports Receipts of factor income from the rest of the world Depreciation (consumption of fixed capital) 1,096.3 382.7 990.8 Net fixed Investments 688.2 Corporate income taxes Consumption expenditures Indirect business taxes 265.2 6,739.4 664.6 1,475.8 343.7 Imports Payments of factor income to the rest of the world Inventory change Social security contributions Undistributed corporate profits (retained earnings) Government transfer and interest payments Personal interest payments 56.5 702.7 130.3 1,366.3 286.2 1,235.7 Personal taxes
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- SQU E-LEARNING SYSTEM (ACA Refer to the information provided in Table 6.8 below to answer the questions that follow 56 Table 6.8 SBIllions 20 1.0 1.C Depredation Receipts of factor incorme from the rest of the world Govemment purchases Imports Payments of factor income to the rest of the world Net private domestic imvestment 40 150 50 40 160 Personal income taxes 80 Persoral consumption expenditures 700 Dividends 10 70 Exports Amount of national income not going to households 30 Refer to Table 6.8. The value for personal income in billions of dollars is 970 a O 1,110 b O 1.050 .c O 1.000 d O Activate Windows 20ser Sergi ENG INTLAssume there are only two producing sector Y & Z in an economy. Calculatea) Gross value added at market price by each sector b) National income from the followings:Items Amount in CroresNet factor income from abroad- 20Sales by Y= 1000Sales by Z= 2000Change in stock of Z= -200C Closingstock of Y= 50 Opening stock of Y= 100Consumption of fixed capital by Y & Z= 180Indirect taxes paid by Y & Z= 120Purchase of raw material by Y= 500Purchase of raw material by Z= 600Exports by Z= 70Firm A Wages paid to employees Taxes paid to government Input purchased from Firm C Revenue received 188 177 89 489 Sold to Public (newly produced) Sold to Firm B 343 62 Sold from inventory to Public Unsold production After tax profi: 84 73 35 Firm B Wages paid to empioyees Taxes paid to government Input purchased from Firm A Revenue received 80 114 62 447 Sold to Public (newly produced) Sold to Firm C 313 52 Sold from inventory to Public Unsald Production 82 80 After tax profit 191 Firm C Wages paid to employees Taxes paid to government Input purchesed from Firm B Revenue received Sold to Public (newly produced) Sold to Government 124 200 52 762 447 226 Sold to Firm A 89 Unsold Production 91 After tax profit 386 Additional Information Government transfers 223 55 Interest on government's debt Private Saving 416 What is the value of Consumption (C)? 1269 What is the value of Gross domestic product (GDP)? 1573 What is the value of Net government income? 1573 What is the value of Private…
- GDP factor cost= ₹400; Depreciation= ₹50; Net Indirect Taxes=20; Net Factor Income from Abroad (NFIA)= 10 Please explain clearly below : Calculate NDP, NNP AT Factor cost and NDP, NNP at Market Price.Assignment If you have the following data that representing an economy of a country as follow: transfer payments 355 Indirect taxes 315 Wages social security deductions personal taxes (direct taxes ) Imports 2335 125 410 350 Rent 250 income of foreigners inside Jordan 450 Exports retained (undistributed) profit 145 70 Interest 360 Depreciations transfer payments 50 355 income of the Jordanian from abroad 300 Gross private investment expenditures corporate taxes Government expenditures 750 275 740 Profit 475 According to the above information answer the following questions: 1. find the following values related to GDP accounts : • Gross domestic product (GDP) according expenditure approach = • Net domestic product (NDP) = • Domestic income (DOI) = • Gross national product (GNP) = • Net national product (NNP) = National income (NI) = Personal income = • Disposable personal income (DPI) = household savings (S) = %3D Cash Dividends ( distributed profit) = 2. Find the Gross Domestic Product…Personal Taxes Social Security Contributions Rents Taxes on Production & Imports Corporate Income Taxes Interest Proprietors' In come Transfer Payments Dividends Compensation of Employees Exports Undistributed Corporate Profits Government Purchases Net Private Domestic Investment Imports Personal Consumption Expenditures Consumption of Fixed Capital (Capital Depreciation) Net Foreign Factor Income Corporate Profits Statistical Discrepancy $ Billions 35 15 28 31 20 31 26 52 43 16 320 45 36 55 35 25 395 45 10 83 -14 a. With the data above, clearly show your steps including the economic variables involved and calculate: 1. Gross Domestic Product (by any approach of your choice). Interpret your estimated GDP value. 2. National Income (by any approach of your choice). Interpret your estimated national income value. 3. Personal Income. Interpret your estimated personal income value.
- Revenue...... D3. Calculate Subsidies. Particulars in crores (i) GNP at FC 27,710 (ii) Consumption of Fixed Capital 4,000 (iii) Indirect Taxes 120 (iv) Factor income from abroad 400 (v) NDP at MP 24,000 (vi) Factor income to abroad 600Taxes unrelated to incomes net of any non-income-related subsidies(nonincome expense item) $1,200 Gross Corporate Profits plus Proprietors' Income $2,140 Rental Income (including implicit rents) $175 Net Interest $650 Depreciation (nonincome expense item) $1,775 Wage and Salary Income $8,200 According to the above table, Gross Domestic Product is Part 2 A. $12,115 B. $14,140. C. $13,965. D. $13,315.
- Learning 9g.cengage.com/static/nb/ui/evo/index.html?deploymentld%35982812479578414089770649020&elSBN=978035; A Tax Document E ECSI - TaxSelect Do. SeAccount Quick Car. B Calendar | Navigate Main Street Comm. CENGAGE MINDTAP Homework (Ch 10) Back to Assignment Attempts Keep the Highest/1 4. Understanding different policy options to correct for negativeexternalities Carbon dioxide emissions have been linked to increased air pollution. The following table lists some possible public policies aimed at reducing the amount of carbon dioxide in the air. For each policy isted, identify whether it is a command-and-control policy (regulation), tradable permit system, corrective subsidy, or corrective tax Tradable Permit System Corrective Subsidy Command-and- Corrective Public Policy Control Policy Tax The government orders every factory to adopt a new technology, which reduces carbon-dioxide emissions into the atmosphere. Trees take cartbon dioxide out of the air and convert it to okygen, so the…Questions and Problems 1. The nation of Fishkasar has a tax rate of 5% on the first 20,000 walops (the national currency) of taxable income, then 20% on the next 30,000 walops, then 50% on all taxable income above 50,000 walops. Fishkasar provides a 5,000-walop exemption per family member. a. Jamil's family has three members and earns 60,000 walops per year. Calculate the family's marginal and average tax rates. b. Boba's family has five members and earns 100,000 walops per year. Calculate the family's marginal and average tax rates. c. Suppose that Fishkasar changed its tax code to a flat tax of 30% with a 10,000-walop per family member exemption. Would this change in the tax system make the system more progressive, more regressive, or neither?1) The data below shows the value of economic activities of a country in year 2017. Items RM (Million) Agriculture and mining Construction Income from abroad Manufacturing Gas and electricity Banking and finance 250 650 200 350 300 150 240 Government services Wholesales and retails Freight and transportation Income to abroad Depreciation Subsidies Indirect taxes 170 190 530 90 124 270 Calculate: (a) Gross Domestic Product at market price. (b) Gross Domestic Product at factor cost. (c) Gross National Product at factor cost. (d) National Income.