The following are the National Income Account data of the Philippines (figures are in Billions of Pesos).17Merchandise ImportsPersonal Consumption ExpenditureNet Factor Income from AbroadCapital Consumption allowanceMerchandise ExportsTransfer Payments2177151932Net Private Domestic Investment8Indirect Business Taxes39Personal Taxes4Social Insurance Contributions10Undistributed Corporate ProfitsDividends15Government Expenditure51Corporate Income Tax11Calculate the Gross private domestic investment.Calculate the Net exports.Calculate the Gross Domestic Product.Calculate the Corporate profits.

Given: Merchandise imports=17 Personal consumption expenditure=217 Note: Due to multiple subparts…

The following are the National Income Account data of the Philippines (figures are in Billions of Pesos 17 Merchandise Imports Personal Consumption Expenditure Net Factor Income from Abroad Capital Consumption allowance Merchandise Exports Transfer Payments 217 7 15 19 32 Net Private Domestic Investment 8 Indirect Business Taxes Personal Taxes 39 4. Social Insurance Contributions Undistributed Corporate Profits 10 Dividends 15 Government Expenditure 51 Corporate Income Tax 11 Calculate the Gross private domestic investment. Calculate the Net exports. Calculate the Gross Domestic Product.

The following are the National Income Account data of the Philippines (figures are in Billions of Pesos 17 Merchandise Imports Personal Consumption Expenditure Net Factor Income from Abroad Capital Consumption allowance Merchandise Exports Transfer Payments 217 7 15 19 32 Net Private Domestic Investment 8 Indirect Business Taxes Personal Taxes 39 4. Social Insurance Contributions Undistributed Corporate Profits 10 Dividends 15 Government Expenditure 51 Corporate Income Tax 11 Calculate the Gross private domestic investment. Calculate the Net exports. Calculate the Gross Domestic Product.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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