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Mr. Hordern
asked the Chancellor of the Exchequer if he will publish a table, in the same form as his answer to the hon. Member for Cirencester and Tewkesbury (Mr. Ridley) on 10th March 1977, showing the supply and use of resources in demand terms in 1973 at 1973 factor
THE SUPPLY AND USE OF RESOURSE IN DEMAND TERMS | ||
£ million | ||
1973 at 1973 factor cost prices | 1976 at 1976 factor cost prices | |
A. SUPPLY OF RESOURSE | ||
1. Gross domestic product (GDP) | 63,675 | 107,000 |
2. Net flow of resources into (+) or out of (-) | -2,175 | -2,300 |
3. Available for domestic use | 65,850 | 109,300 |
B. DOMESTIC USES OF RESOURSE | ||
1. Investment | ||
(a) Private investment | 8,375 | 9,825 |
(b) Nationlised industries' investment | 1,775 | 3,600 |
2. Available for other public expenditure and private consumption | 55,700 | 95,875 |
C. USES OF RESOURSE | ||
1. Public expenditure | ||
(a)Public consumption | 12,775 | 25,000 |
(b)Other Public investment | 3,550 | 5,725 |
(c)Total direct public expenditure | 16,300 | 30,700 |
(d) Indirect public expenditure | 7,050 | 13,850 |
(e)Total public expenditure | 23,350 | 44,550 |
2. Personal consumption | ||
(a) Privately financed personal consumption | 32,350 | 51,325 |
(b) Public financed personal consumption | 7,050 | 13,850 |
(c) Total personal consumption | 39,400 | 65,175 |
Note: Figures may not add due to rounding |