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

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Using the following information. Showing all working and calculate (i) Personal and disposable income (ii) Household consumption Expenditure
4.
You are given the following information about an economy:
$millions
1,669.4
GDP at Market Prices
290.5
Imports
Gross Domestic Capital Formation
48.7 I
39.0 &
Income accruing to the Public Sector
Retained Business Earnings
Exports
Subsidies
75.9
273.4
16.8
10.0
Factor Payments from Abroad
Capital Consumption Allowance
Income Payments to Foreigners
Direct Taxes
10.5
19.2
355.6
Public Sector Consumption Expenditure
Indirect Taxes
490.1 G
297.3
Transfer Payments
25.7
Transcribed Image Text:4. You are given the following information about an economy: $millions 1,669.4 GDP at Market Prices 290.5 Imports Gross Domestic Capital Formation 48.7 I 39.0 & Income accruing to the Public Sector Retained Business Earnings Exports Subsidies 75.9 273.4 16.8 10.0 Factor Payments from Abroad Capital Consumption Allowance Income Payments to Foreigners Direct Taxes 10.5 19.2 355.6 Public Sector Consumption Expenditure Indirect Taxes 490.1 G 297.3 Transfer Payments 25.7
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