1: the following are taking from national income accounts of a country A: GDP=600 B: gross...
1: the following are taking from national income accounts of a country
A: GDP=600 B: gross investment 800 C; net investment 200
D: consumption 4000 E: govt . purchases 1100 F: govt. 30(tax revenue-govt . spending)
find out: I: NDP II: disposable income III: net export IV: personal saving
Homework Answers
NDP = GDP - Depreciation
Depreciation = Cross Investment - Net Investment
. = 800 - 200
= 600
NDP = GDP - Depreciation
= 6000 - 600
= 5400
DISPOSAL INCOME = GDP - Purchases - Govt Surplus
. = 6000 - 1100 + 30
= 6000 - 1130
= 4870
NET EXPORTS = GDP - CONSUMPTION - INVESTMENT - Govt Purchases
. = 6000 - 4000 - 800 - 1100
= 100
PERSONAL SAVING = DISPOSAL INCOME - CONSUMPTION
. = 4870 - 4000
= 870
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1: the following are taking from national income accounts of a
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