asking for the answer 4. You are provided with the following data from the National Accounts of Tanzania for 2014: SN ITEM Value in mill TZS 1. Gross Capital Formation

asking for the answer 4. You are provided with the following data from the National Accounts of Tanzania for
2014:
SN
ITEM
Value in mill TZS
1.
Gross Capital Formation (Investment Expenditure)
24,624,724
2.
Value Added in the Agriculture / Livestock/ Forestry
22,969,225
/ Fishing
3.
Net current transfers from the rest of the world
789,714
4
Exports of Goods and Services
15,476,677
5
Consumption of fixed Capital
5,142,903
6
Final Consumption Expenditure by Households
51,226,640
7.
GDP of the Industry and Construction Sectors
18,240,277
8
Operating Surplus
54,495,440
7.
Final Consumption Expenditure by Government
10,996,641
9.
Imports of Goods and services
23,746,791
10.
Compensation of employees
13,350,000
Compute:
(a) Tanzania GDP at current market prices;
(b) Calculate the Country’s GDP at factor cost
(c) If the implicit GDP deflator at 2007 constant prices for 2014 was 193, what was the
county’s GDP at 2007 constant prices

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