_1hw - 75 Contributions for Social Security 50 Personal Income Tax 80 Government Bond Interests 25 Corporate Income Tax 45 According to the data

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Macroeconomics Homework#1 1. The figure shows the flows of income and expenditure on an island. During 1997, A was $15 million, B was $30 million, C was $9 million, D was $18 million, and E was $3 million. (a) What is the private savings? (b) Calculate national savings. (c) Where does the island get the funds to finance its investment? 2. If we have Country-A s national account data listed as followed: (Unit: million U.S $ ) Item Amount Item Amount Item Amount Government Consumption Expenditures 125 Private Consumption Expenditures 300 Gross Investment Expenditures 50 Capital Depreciation 15 Experts 350 Imports 325 Net Indirect Taxes and Transfers 35 Retained Earnings
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 75 Contributions for Social Security 50 Personal Income Tax 80 Government Bond Interests 25 Corporate Income Tax 45 According to the data collected above, please figure out Country A ’ s (Hint: NI denotes “ National Income ” , PDI denotes “ Personal Disposable Income ” .): (a) GDP (b) Net Investment (c) NI (d) PDI (e) Personal Saving 3. In 2000 in Japan, based on concepts similar to those used to compute U.S. employment statistics, the unemployment rate was about 4.8 percent, the labor force partition rate was about 62 percent, and the adult population was about 108 million, how many people were employed and how many were unemployed?...
View Full Document

This note was uploaded on 06/15/2011 for the course FIN 355 taught by Professor Tang during the Spring '10 term at Aachen University of Applied Sciences.

Page1 / 2

_1hw - 75 Contributions for Social Security 50 Personal Income Tax 80 Government Bond Interests 25 Corporate Income Tax 45 According to the data

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online