Calculate the gross domestic product at factor cost

Reference no: EM133219328

Question - The table contains a random selection of items from the National Account of a country.

Item	UDD (Million)
Compensation of Employees	500
Corporate Profit	250
Rental Income	200
Net Interest	150
Proprietor's Income	95
Transfer payment	100
Corporate tax	80
Depreciation	50
Private Investment	1,000
Personal income tax	20
Employees Provident Fund	50
Net factor income abroad	400

1. Calculate the gross domestic Product at factor cost.

2. Calculate the net domestic product at factor cost.

3. Calculate the national income.

4. Calculate the personal income.

5. Calculate the disposal personal income.

Reference no: EM133219328

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