Business, 04.10.2021 19:20 landonreed5803

The following table shows the national income data for an economy in year 2020. ITEM RM (million)

Wholesale and Retail 11 700

Mining and Gas 7 200

Construction 22 105

Manufacturing 15 705

Agriculture and Forestry 11 000

Banking and Insurance 15 000

Factor Payment from Abroad 5 280

Other Services 2 250

Indirect Taxes 650

Factor Payment to Abroad 6 820

Capital consumption 370

a. Based on the above data calculate:

i. Gross Domestic Product at market price

ii. Gross National Product at factor cost

iii. National Income

b. Name the approach used in this national income calculation.

c. List down TWO (2) uses of national income statistics.

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 01:30, AbyssAndre

Can you post a video on of the question that you need on

Answers: 2

continue

Business, 22.06.2019 07:10, mia7955

Refer to the payoff matrix. suppose that speedy bike and power bike are the only two bicycle manufacturing firms serving the market. both can choose large or small advertising budgets. is there a nash equilibrium solution to this game?

Answers: 1

continue

Business, 22.06.2019 14:00, lindjyzeph

The following costs were incurred in may: direct materials $ 44,800 direct labor $ 29,000 manufacturing overhead $ 29,300 selling expenses $ 26,800 administrative expenses $ 37,100 conversion costs during the month totaled:

Answers: 2

continue

Business, 22.06.2019 21:30, angoliabirtio

The adjusted trial balance for china tea company at december 31, 2018, is presented below:

Answers: 1

continue

You know the right answer?

The following table shows the national income data for an economy in year 2020. ITEM RM (million)<...