Give the below data of Liberia, using the expenditure and income method to calculate. (a) GNP, (b) NNP, (c) NI, (d) PI, (e) DI. using the expenditure method.
Items.
1. Person Consumption allowence -- 4,809
2. Employee Compensation (W)------4323
3. Indirect Business Tax (IBT)-------------698
4.Gross private domestic investment -1,277
5. Corporate product (Cp) -------588
6. Depreciation ( D) --------------------725
7. Net Export ( Xn) ----------------------5
8. Net Import (Im) -------------------100
9. Government (G) ---------------------1,359
10. Rental Income (Ri)-----------------133
11. Proprietor income (pi)------------483
12. Interest (I) ---------------------------400
13. Social Security taxt (sst)---------390
14. Transfer Payment ( TP) -------------86
15. Personal Tax ( PT) -------------------------75
16. Net foreign factors income (NFFI) --13
17. Corporate income tax (CIT) -------230
18. Divided ( Di) ---------------------------68
19. Undistributed corporate profit ( UCP)-- 300
B. Factor Income method (GNP)
(a) NI, (b) NNP, (c) GNP, (d) PI, (e) DI?
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Asked by Kaba on 15th May, 2020
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