Answer to Question #90685 in Macroeconomics for Moore M. Lackay

Question

Calculate the Corporate Income Tax, using the giving figures: Imports=1110.2 ; Government Purchases=1487.1; Net Private Domestic Investment=459.1; Gross Investment=1367.1, Exports=959.1 ; Net Foreign factor Income earned = 20.4 ; Indirect Business Taxes=587.8 ; Proprietor's Income =577.2 ; Dividend=307 ; Undistributed Corporate Profit=265.9; Corporate Profit=824.6; Rental Income=162.6 ; Interest=449.3; Compensation Employees=4981.1 ; Personal consumption=5807.9 ; Personal Taxes=1502 ; Transfer payment=102.5 and Social Security contribution=205. Also, given the date above, calculate the following using the Expenditure method ( GDP, NDP, NI, PI and DI) and Income method to calculate the following (GDP, NDP, and NI)

Answer 1

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