Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

From the Data given below Calculate: (a) National Income by income method (b) Gross Domestic Product at FC by expenditure method (i) Private Final

  

From the Data given below Calculate: (a) National Income by income method (b) Gross Domestic Product at FC by expenditure method (i) Private Final Consumption Expenditure (ii) Net Domestic fixed capital formation (iii) Consumption of fixed capital (iv) Closing Stock (v) Opening Stock (vii) Net exports (vi) Government final consumption expenditure (viii) Wages and salaries (ix) Contribution of employers towards social security (x) Operating surplus (xi) Net factor income received from abroad (xii) Net indirect taxes (in crore) 85 25 2 10 5 10 (-)5 80 10 20 (-)5 10

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Answer To calculate a National Income by income method National Income ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Income Tax Fundamentals 2013

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

31st Edition

1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516

More Books

Students also viewed these Economics questions