b) Based on the tables below, answer the questions posed. Component of Gross Domestic Product (GDP)...

 

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b) Based on the tables below, answer the questions posed. Component of Gross Domestic Product (GDP) Consumption on durable and non-durable goods Consumption of services Residential and non-residential investment Government spending Corporate profit Export Import Receipt of factor income from the rest of the world Payment of factor income to the rest of the world RM million 1,600 700 860 50 610 370 230 840 770 (i) Calculate the Gross Domestic Product (GDPmp) using the expenditure approach. [5 Marks] [CO1, PO1, C3] (ii) If the depreciation is RM200 million, indirect taxes are RM120 and subsidies are RM90, calculate the GDP, and national income. [5 Marks] [CO1, PO1, C3] b) Based on the tables below, answer the questions posed. Component of Gross Domestic Product (GDP) Consumption on durable and non-durable goods Consumption of services Residential and non-residential investment Government spending Corporate profit Export Import Receipt of factor income from the rest of the world Payment of factor income to the rest of the world RM million 1,600 700 860 50 610 370 230 840 770 (i) Calculate the Gross Domestic Product (GDPmp) using the expenditure approach. [5 Marks] [CO1, PO1, C3] (ii) If the depreciation is RM200 million, indirect taxes are RM120 and subsidies are RM90, calculate the GDP, and national income. [5 Marks] [CO1, PO1, C3]