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Calculate personal income and disposable personal income

Assignment Help Econometrics
Reference no: EM13207039

Consider the following preliminary data for 2011: ($ in billions)
Consumption 10800.0
Government Purchases 3060.0
Exports 2100.0
Imports 2600.0
Factor Payments from abroad 779.3
Factor Payments to abroad 533.8
Consumption of Fixed Capital 1950.1
Statistical Discrepancy 0
Indirect Business Taxes 1153.9
Corporate Profits 1942.8
Rental Income 403.1
Net Interest 535.1
Compensation of Employees 8465.5
Propietors' Income 1075.0
Social Insurance Contributions 926.4
Dividends 791.9
Government Transfers to Individuals 2336.2
Personal Interest Income 998.1
Personal Tax and Non-Tax Payments 1403.3
a. Calculate National Income
b. Calculate Personal Income and Disposable Personal Income
c. Calculate Gross National Product (GNP)
d. Calculate Gross Domestic Product (GDP)
e. Calculate Investment

Reference no: EM13207039

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