Please show proper computation and explanation for me to understand it better. Thank youuuuu The following data illustrates the income and expenditure figures for the VSUCountry 2018. Use the data from this table when filling out the second table providedbelow. All figures are in billion pesos.Compensation to employeesBusiness income3,973.91,016.4715.2Capital consumption allowanceIndirect business taxes net of subsidies584.2Interest409.7Rental income27.7Personal consumption expendituresGovernment expenditures4,628.41,175.3Investment1.021.4Net exports-98.0 Computation:AвFlow of Product ApproachEarnings of Income ApproachPersonal ConsumptionExpenditures (C)Investment (1)CompensationEmployees (W)Interest (I)Rental Income (R)toGovernmentExpenditures (G)Net Exports (X - M)Business Income (P)National Income (NI)Gross Domestic Product(GDP)Less:СapitalAdd: Indirect BusinessConsumptionAllowance (D)Тахes (IBT)Net National ProductNet National Product(NNP)Less: Indirect Business(NNP)Add:СapitalТаxes (IBT)ConsumptionAllowance (D)National Income (NI)GrossDomesticProduct (GDP)

Answer: To find the GDP by expenditure method, consumption, investment, government expenditure, and…

The following data illustrates the income and expenditure figures for the VSU Country 2018. Use the data from this table when filling out the second table provided below. All figures are in billion pesos. Compensation to employees Business income 3,973.9 1,016.4 715.2 Capital consumption allowance Indirect business taxes net of subsidies 584.2 Interest Rental income 409.7 27.7 Personal consumption expenditures Government expenditures 4,628.4 1,175.3 1.021.4 Investment Net exports -98.0

The following data illustrates the income and expenditure figures for the VSU Country 2018. Use the data from this table when filling out the second table provided below. All figures are in billion pesos. Compensation to employees Business income 3,973.9 1,016.4 715.2 Capital consumption allowance Indirect business taxes net of subsidies 584.2 Interest Rental income 409.7 27.7 Personal consumption expenditures Government expenditures 4,628.4 1,175.3 1.021.4 Investment Net exports -98.0

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter12: Federal Budgets And Public Policy

Section: Chapter Questions

Problem 3.6P

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