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Macroeconomics National Income Accounting 1. Calculate the National Income from the following data: Particulars in crores (i) Compensation of employees 1200 (ii) Rent 400 (iii)

Macroeconomics National Income Accounting

1. Calculate the National Income from the following data: Particulars in crores

(i) Compensation of employees 1200 (ii) Rent 400 (iii) Profit 800 (iv) Consumption of fixed capital 300 (v) Mixed income of self-employed 1000 (vi) Net factor income from abroad (-) 50 (vii) Net retained earnings of private enterprises 200 (viii) Interest 250 (ix) Net Indirect Taxes 350 (x) Direct tax paid by household (-)60 (xi) Net exports 150 (xii) Corporation tax 100

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