1. a. Using the income base method. b. Using the expenditure based method. 2. Calculate the followings...
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Question:
1. a. Using the income base method.
b. Using the expenditure based method.
2. Calculate the followings also using the table above.
a. Gross investment
b. Net National Product
c. National Income
d. Personal Income
e. Disposable Personal Income
3. What percentage of personal income is employee compensation?
4. What is the tax rate on personal income?
Net Investment | $100 |
Depreciation | 40 |
Export | 50 |
Import | 30 |
Government expenditure | 150 |
House hold consumption | 400 |
Indirect business taxes | 35 |
Income earned but not received | 60 |
Income received but not earned | 70 |
Personal income taxes | 50 |
Employee compensation | 460 |
Corporate profits | 60 |
Rental income | 20 |
Net interest | 40 |
Proprietors income | 55 |
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