User Account

All Pages

Calculate the net domestic product at factor cost

Assignment Help Accounting Basics
Reference no: EM132605652

The following is an extract from the national income data of a country in 2020. Study the extract and answer the questions that follow: The agricultural sector in 2020 produced foodstuffs, livestock, coffee and groundnuts worth GH? 1,151 million. Manufacturing, construction, mining, water and electricity produced GH? 1,035 million. Transport and communication, finance, insurance and government services contributed GH? 1,170 million. Farmers received GH? 350 million as subsidies while government collected GH? 390 million in indirect taxes. GHC150 million worth of capital was estimated to have been used up.

Required:

Question i. Determined the country's Gross Domestic Product in market prices.

Question ii. Calculate the Net Domestic Product at factor cost.

Question iii. What method of estimating the national income is used in the extract?

Reference no: EM132605652

Questions Cloud

Multiple time zones during duty period : Moving through multiple time zones during a duty period is a regular occurrence for many airline, business aviation, and military flight crewmembers.
Demonstrate what is the total value : A jeweler store wants to sell five diamonds for 1200 Per carat, if the weight of the diamonds are 4,5,3,and 2 carat,what is the total value.
Determine the stockholders equity as of december : Sid Summitt is the stockholder and operator of You're A Star LLC, a motivational consulting business. Determine the Stockholders equity as of December
Flight operations environment : National, organizational, and professional cultures must all be considered in a flight operations environment.
Calculate the net domestic product at factor cost : What method of estimating the national income is used in the extract? Determined the country's Gross Domestic Product in market prices.
Stress and fatigue are present in most occupations : Stress and fatigue are present in most occupations in the aviation industry. Often, this contributes to disorientation and illusions in flight.
Why the model is not an open economy : Using the consumption function, estimate the autonomous consumption; marginal propensity to consume (MPC) and the multiplier.
Challenges of performing comprehensive risk assessment : Describe the benefits and challenges of performing a comprehensive risk assessment for a healthcare facility.
Outline three ways of financing the budget deficit : Explain with examples, any four monetary policy instrument that can be used to engage in a contractionary policy. Outline three (3) ways of financing the budget

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd