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Posted: Fri Jul 01, 2022 8:12 am
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Refer to the information provided below to answer the questions that follow. Item $M Item GDP 8000 Receipt of factor income Payment of factor income Depreciation Indirect taxes minus 500 subsidies 250 300 900 Using the above table calculate: (a) GNP (b) NNP (c) National Income (1 marks) (2 marks) (4 marks) SM Corporate profits minus 500 dividends social insurance payment Personal interest income Transfer payment Personal taxes (d) Personal Income (e) Disposable income. 700 300 1100 1000 (6 marks) (2 marks)
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