4. You are given the following information about an economy: Smillions 1,669.4 GDP at Market Prices 290.5 Imports Gross Domestic Capital Formation Income accruing to the Public Sector Retained Business Earnings 48.7 I 39.0 & 75.9 273.4 Exports Subsidies 16.8 10.0 Factor Payments from Abroad Capital Consumption Allowance Income Payments to Foreigners Direct Taxes 10.5 deprcdation 19.2 355.6 Public Sector Consumption Expenditure 490.1 Indirect Taxes 297.3 Transfer Payments 25.7
4. You are given the following information about an economy: Smillions 1,669.4 GDP at Market Prices 290.5 Imports Gross Domestic Capital Formation Income accruing to the Public Sector Retained Business Earnings 48.7 I 39.0 & 75.9 273.4 Exports Subsidies 16.8 10.0 Factor Payments from Abroad Capital Consumption Allowance Income Payments to Foreigners Direct Taxes 10.5 deprcdation 19.2 355.6 Public Sector Consumption Expenditure 490.1 Indirect Taxes 297.3 Transfer Payments 25.7
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Using the following information. Showing all working and calculate
(i) Personal and disposable income
(ii) Household consumption Expenditure
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