Question: answer asap Comprehensive Practicals Example 64. Calculate (a) National Income by Expenditure Method; (b) National Income by Income Method; (c) National Disposable Income; (d) Private

answer asap

answer asap Comprehensive Practicals Example 64. Calculate (a) National Income by Expenditure

Comprehensive Practicals Example 64. Calculate (a) National Income by Expenditure Method; (b) National Income by Income Method; (c) National Disposable Income; (d) Private Income, (e) Personal Disposable Income; (f) Personal Saving; (g) National Consumption Expenditure; (h) Net National Saving. Particulars in crores (i) Government final consumption expenditure 500 (ii) Change in stock 350 (iii) Consumption of fixed capital 50 (iv) Exports of goods and services 200 (v) Mixed income of self employed 850 (vi) Net current transfers from rest of the world 20 (vii) Subsidies 50 (viii) Imports of goods and services 350 (ix) Net property and entrepreneurship income from rest of the world (-)60 (x) Saving of non-departmental enterprises 75 (xi) National debt interest 25 (xii) Net compensation of employees from rest of the world (-)10 (xiii) Operating surplus 550 (xiv) Compensation of employees 800 (xv) Income from entrepreneurship and property accruing to government administrative department 425 (xvi) Direct taxes paid by households (xvii) Corporation tax 50 (xvili) Saving of the private corporate sector 20 (xix) Current transfer from government 30 (xx) Indirect taxes 35 (xxi) Gross fixed capital formation 200 (xxii) Private final consumption expenditure 800 (xxiii) Capital transfers from rest of the world 900 Solution: 50

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!