The table below shows the National Income data. National Income Data (all figures are in billions of
Question:
The table below shows the National Income data.
National Income Data (all figures are in billions of dollars)
Business retained earnings
240
Corporate profits
276
Personal Consumption Expenditures
1491
Interest Income (Net Interest)
46
Personal Interest Income
46
Total Transfer Payments
274
Dividend Income
36
Depreciation (Capital Consumption Allowance)
234
Gross Capital Investment
378
Changes in Business Inventories
26
Rental Income
28
Imports
248
Federal Government Purchases of Goods & Services
148
State and Local Government Purchases of Goods & Services
286
Personal Income Taxes
514
Exports
261
Indirect Business Taxes (and miscellaneous adjustments)
177
You are required to Calculate
Gross Domestic Product (GDP) (2Marks)
Net National Product (NNP) (2Marks)
National Income (NI) (2Marks)
Personal Income (PI) (2Marks)
Personal Disposable Income (2Marks)
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus