solve a part only...hand written Question 1Given the following data for a country A for the year ended December 2021ItemsPrivate expenditureGovernment expenditureGross private investmentGross government investmentIncrease in stockNet ExportWage and salariesInterest, rent and dividendNet factor income from abroadDepreciationIndirect taxesSubsidiesRM Million500044001000120030011004000200014038017001600Calculate:a) GDP at market priceb) GDP at factor costc) GNP at factor costd) GNI at factor coste) What is the country's economic growth for the year 2021, the price index for the year 2021is 104.5 and the real national income for 2020 as calculated from the table above.

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Items RM Million 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 5000 4400 1000 1200 300 1100 4000 2000 140 380 Depreciation Indirect taxes 1700 Subsidies 1600 Calculate: GDP at market price

Items RM Million 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 5000 4400 1000 1200 300 1100 4000 2000 140 380 Depreciation Indirect taxes 1700 Subsidies 1600 Calculate: GDP at market price

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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