Page 5 - MINMAC E-NOTE-converted

PI = NNP mp/NATIONAL INCOME + TRANSFER PAYMENTS – CORPORATE INCOME
TAXES – RETAINED EARNINGS – EPF – SOCSO – INSURANCE PREMIUM

DPI = PERSONAL INCOME – PERSONAL INCOME TAXES

REAL GDP = NOMINAL GDP X BASE YEAR / CURRENT YEAR PRICE INDEX

PER CAPITA INCOME = NATIONAL INCOME / TOTAL POPULATION

GROWTH RATE = REAL GNP 1 – REAL GNP 0 / REAL GNP 0 X 100%

ITEMS LIST

INCOME APPROACH

Compensation of employees/income from employment ( wages,salaries, epf
,insurance)
Proprietor’s income/income from self-employment (sole prop @ partnership)
Rental income (monthly payments to landlords @ lease payment corporations)
Corporate profits/ tax on companies’ profit (dividend, retained earnings &
corporate income taxes)
Net interest ( on savings, borrowing)

EXPENDITURE APPROACH

Personal consumption expenditures/private consumption/consumer @ consumption
expenditures/household expenditures
Private Investment/ private inventory investment/private fixed investment/public
investment/changes in stock @ inventory /gross @ net private domestic investment
Government exp / public development exp/ public operating exp/Gov spending
Net Exports
Import