Only questions iv and v to be answered please. QUESTION 55. You are given the following information about an economy:$millionsGDP at Market Prices1,,669.4290.5ImportsGross Domestic Capital FormationIncome accruing to the Public SectorRetained Business Earnings48.739.075.9273.4ExportsSubsidies16.8Factor Payments from AbroadCapital Consumption Allowance10.010.519.2Income Payments to ForeignersDirect TaxesPublic Sector Consumption ExpenditureIndirect TaxesTransfer Payments355.6490.1297.325.7Derive the following:(i)(ii)National IncomeNet InvestmentPersonal IncomeDisposable IncomeHousehold Consumption Expenditure

QUESTION 5 5. You are given the following information about an economy: $millions GDP at Market Prices 1,,669.4 290.5 Imports Gross Domestic Capital Formation Income accruing to the Public Sector Retained Business Earnings Exports Subsidies 48.7 39.0 75.9 273.4 16.8 Factor Payments from Abroad Capital Consumption Allowance Income Payments to Foreigners 10.0 10.5 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 Net Investment Personal Income Disposable Income Household Consumption Expenditure (ii)

QUESTION 5 5. You are given the following information about an economy: $millions GDP at Market Prices 1,,669.4 290.5 Imports Gross Domestic Capital Formation Income accruing to the Public Sector Retained Business Earnings Exports Subsidies 48.7 39.0 75.9 273.4 16.8 Factor Payments from Abroad Capital Consumption Allowance Income Payments to Foreigners 10.0 10.5 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 Net Investment Personal Income Disposable Income Household Consumption Expenditure (ii)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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