Question: A nation's economic data shows the following for a specific year: Profit earned by domestic companies operating abroad: Rs. 300 million Interest payments made to
A nation's economic data shows the following for a specific year: Profit earned by domestic companies operating abroad: Rs. 300 million Interest payments made to foreign investors holding domestic assets: Rs. 150 million Compensation received by foreign workers in the domestic economy: Rs. 50 million Compensation paid to domestic workers abroad: Rs. 100 million What is the Net Primary Income from Abroad for this nation in the given year? a) Rs. 250 million b) Rs. 150 million c) Rs. 200 million d) Rs. 300 million
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
