You are given the following information about an economy: $millions GDP at Market Prices 1,669.4 Imports 290.5 Gross Domestic Capital Formation 48.7 Income accruing to the Public Sector 39.0 Retained Business Earnings 75.9 Exports 273.4 Subsidies 16.8 Factor Payments from Abroad 10.0 Capital Consumption Allowance 10.5 Income Payments to Foreigners 19.2 Direct Taxes 355.6 Public Sector Consumption Expenditure 490.1 Indirect Taxes 297.3 Transfer Payments 25.7 Derive the following: (i) Disposable Income (ii) Household Consumption Expenditure

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A: Hi! Thank you for the question, As per the honor code, we are allowed to answer one question at a ti...

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Q: 2

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