Question 1 Given the following data for a country A for the year ended December 2021 Items Private expenditure Government expenditure Gross private investment Gross government investment Increase in...

hand writtenQuestion 1<br>Given the following data for a country A for the year ended December 2021<br>Items<br>Private expenditure<br>Government expenditure<br>Gross private investment<br>Gross government investment<br>Increase in stock<br>Net Export<br>Wage and salaries<br>Interest, rent and dividend<br>Net factor income from abroad<br>Depreciation<br>Indirect taxes<br>Subsidies<br>RM Million<br>5000<br>4400<br>1000<br>1200<br>300<br>1100<br>4000<br>2000<br>140<br>380<br>1700<br>1600<br>Calculate:<br>a) GDP at market price<br>b) GDP at factor cost<br>c) GNP at factor cost<br>d) GNI at factor cost<br>e) What is the country's economic growth for the year 2021, the price index for the year 2021<br>is 104.5 and the real national income for 2020 as calculated from the table above.<br>

Extracted text: Question 1 Given the following data for a country A for the year ended December 2021 Items Private expenditure Government expenditure Gross private investment Gross government investment Increase in stock Net Export Wage and salaries Interest, rent and dividend Net factor income from abroad Depreciation Indirect taxes Subsidies RM Million 5000 4400 1000 1200 300 1100 4000 2000 140 380 1700 1600 Calculate: a) GDP at market price b) GDP at factor cost c) GNP at factor cost d) GNI at factor cost e) What is the country's economic growth for the year 2021, the price index for the year 2021 is 104.5 and the real national income for 2020 as calculated from the table above.

Jun 08, 2022
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