Item RM (million) 2) The table above shows the transaction in Pinkland last year: a) Calculate Pinkland's GDP. b) What was the value of national income equal to? c) What approach did you use to make this calculation? Тахes 403 Social security contribution 152 Indirect business tax 209 Subsidies 405 Transfer payment 224 Salaries 108 Profits 1008 Dividends 2501 Rental 201 Net factor income 254 Capital consumption Wages 105 578
Item RM (million) 2) The table above shows the transaction in Pinkland last year: a) Calculate Pinkland's GDP. b) What was the value of national income equal to? c) What approach did you use to make this calculation? Тахes 403 Social security contribution 152 Indirect business tax 209 Subsidies 405 Transfer payment 224 Salaries 108 Profits 1008 Dividends 2501 Rental 201 Net factor income 254 Capital consumption Wages 105 578
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
Problem 12PA
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