Question: PART B: STRUCTURED QUESTIONS QUESTION 1 The table below contains items from the national income account of a country TERBITAN for year 2020. Items RM

PART B: STRUCTURED QUESTIONS QUESTION 1 The table below contains items from the national income account of a country TERBITAN for year 2020. Items RM (Million) Finance, insurance, real estate and business 1200 services Communication 4000 Subsidies 2000 Hotel and restaurant 3000 Logistic 1800 Health service 6500 Government services 20000 Investment 1500 Wages 2500 Indirect tax 6800 Net factor income 1400 Corporate income tax 1500 Personal income tax 1000 Capital consumption 2000 Transfer payment 2100 Retained earning 3200 Consumption 4300 Calculate: a) Gross Domestic Product at market price. (2 marks) b) Gross Domestic Product at factor cost (2 marks) c) Gross National Product at factor cost. (2 marks) d) National Income. (2 marks) e) Personal Disposable income. (2 marks)

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