The problem requires us to calculate Gross Domestic Expenditure (GDE), Gross National Expenditure (GNE), Net National Product (NNE), and National Income using the provided data.
2025/5/15
1. Problem Description
The problem requires us to calculate Gross Domestic Expenditure (GDE), Gross National Expenditure (GNE), Net National Product (NNE), and National Income using the provided data.
2. Solution Steps
a) Gross Domestic Expenditure (GDE) is the sum of Personal consumption expenditure, Gross domestic private investment, and Government consumption expenditure, plus (Exports - Imports).
b) Gross National Expenditure (GNE) is equal to GDE plus Net Factor Income from Abroad.
Net Factor Income from Abroad = Factor income received from abroad - Factor income paid abroad.
c) Net National Product (NNE) is equal to GNE less Consumption of fixed capital (Depreciation).
d) National Income (NI) is equal to NNE adjusted for Indirect Taxes and Subsidies. Specifically, National Income = NNE - Indirect Taxes + Subsidies.
3. Final Answer
a) Gross Domestic Expenditure (GDE) = 43,660 Ghc
b) Gross National Expenditure (GNE) = 43,800 Ghc
c) Net National Product (NNE) = 39,010 Ghc
d) National Income (NI) = 36,410 Ghc