Question: Question No. 2: Given the data below, use the various methods of measuring National Income to calculate the following: Gross Domestic Product (GDP) Net Domestic

Question No. 2:

Given the data below, use the various methods of measuring National Income to calculate the following:

  • Gross Domestic Product (GDP)
  • Net Domestic Product (NDP)
  • National Income (NI).
  • Personal Income (PI)
  • Disposable Income (DI)

Personal consumption expenditures Rs.(in Billions) 400

Government purchases 128

Gross private domestic investment 88

Net exports 7

Net foreign factor income earned in the Pakistan 18

Consumption of fixed capital 43

Indirect business taxes 50

Transfer Payments 169

Personal Taxes 32

Corporate income taxes 36

Social security contribution 24

Undistributed corporate profits 22

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