Question: The table contains a random selection of items from the national account of a country. Item RM Million Government expenditure 12000 Private expenditure 20000 Mining
The table contains a random selection of items from the national account of a
country.
Item RM Million
Government expenditure 12000
Private expenditure 20000
Mining and quarrying 8000
Finance and insurance 95000
Manufacturing 25000
Rent 40000
Hotel and restaurant 12600
Agriculture, forest and fishing 22800
Communication 7400
Dividend received by individual 1300
Profit 46200
Capital consumption 2000
Tax on expenditure 15000
Net factor income receive from abroad 6900
Subsidies 890
Transfer payment 1400
Business taxes 12500
Private income taxes 250
Employees provident fund 85
Social contribution 25
Calculate the:
i) Gross domestic product at market price
(2 marks)
ii) Gross domestic product at factor cost.
(2 marks)
iii) Gross national product at factor cost
(2 marks)
iv) National Income
(2 marks)
v) Disposable Personal Income
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