Below is a list of National Income Statistics figures of a country for a period of one year. Use the data to answer the questions that follow

Amount GHC ⁰ 000"

Income of self employed

7314

Capital Consumption Allowance

Wages

6508

Interest

1.060

Investment Income

1442

Rental Income

34

Corporate Profits

682

Income of Citizens from Abroad

1200

Income earned by foreigners

1160

Mixed Income

Stock Appreciation

100

a.Calculate the value of the Net Property Income from Abroad (3 Marks)

b.What is the value of Gross Domestic Income?(5 Marks)

c.Calculate the Gross National Income of the country(3 Marks)

d.Calculate the Net National Income of the country(3 Marks) e. If the total population of the country was 15 million, calculate the per capita income of this country and interpret your answer.(4 Marks) Explain the circular flow of income with a diagram.(6 Marks)