calculate the gross and net national product, International Economics

Assignment Help:

Given the following hypothetical data (in millions of naira):

1.    gross private domestic investment        N59
2.    contributors for social insurance           N8
3.    interest paid by customers                  N3
4.    personal consumption expenditures       N206
5.    transfer payments                             N20
6.    undistributed corporate profits             N13
7.    indirect business taxes                       N25
8.    net exports of goods and services        N4
9.    capital consumption allowances            N21
10.    government purchase or goods and services    N59
11.    corporate income tax                                   N22
12.    personal taxes non-tax payments                   N29

Calculate

a)    gross national product
b)    net national product
c)    national income
d)    personal income
e)    disposable income



Related Discussions:- calculate the gross and net national product

Explain the global firms and the borderless global economy, Explain the Glo...

Explain the Global Firms and the Borderless Global Economy

What are main factors determining the aggregate money demand, Q. Wh...

Q. What are the main factors determining the aggregate money demand? Answer: Three major factors: the price level, interest rate and real national income. A increase i

Dont put all your eggs in one basket, Q. Explain Tobin's idea of "D...

Q. Explain Tobin's idea of "Don't put all your eggs in one basket." Answer: The idea of diversification advanced with Tobin in his Attitude Towards Risk as well as Por

International trade, #question.what is the baises for international trade.

#question.what is the baises for international trade.

Expectations prepared by the heckscher-ohlin model, Q. Why do you suppose ...

Q. Why do you suppose that South-South trade does not conform in volume, but does conform in pattern with expectations prepared by the Heckscher-Ohlin model? Answer: The patt

Effects of an increase in the money supply, Q. What will be the effects of ...

Q. What will be the effects of an increase in the money supply on the interest rate? Answer: An enhance in the money supply will origins the interest rate to decrease. This m

International economics, opportunity cost version is an improvement over th...

opportunity cost version is an improvement over the classical theory of international trade?comment

Absolute advantage by adam smith, which book by adam smith explains the abs...

which book by adam smith explains the absolute advantage ?

Positive scale economies, Q . Is it possible that if positive scale econom...

Q . Is it possible that if positive scale economies characterize an industry, that its equilibrium can be consistent with purely competitive conditions? Explain how this would hap

Write Your Message!

Captcha
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!

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