Question: From the following data, calculate National Income by Income method and Expenditure method: Item Rs. in crores 700 (i) Compensation of employees (ii) Government
From the following data, calculate National Income by Income method and Expenditure method: Item Rs. in crores 700 (i) Compensation of employees (ii) Government final consumption expenditure750 (iii) Net factor income from abroad (iv) Net exports (v) Profits (vi) Net indirect taxes (vii) Mixed income of self-employed (viii)Rent (ix) Interest (x) Private final consumption expenditure (xi) Net domestic capital formation (xii) Consumption of fixed capital (-) 10 (-) 15 600 60 350 200 310 1100 385 65
Step by Step Solution
3.38 Rating (164 Votes )
There are 3 Steps involved in it
Solution National income income method Compensation of employees Profits Rent Interes... View full answer
Get step-by-step solutions from verified subject matter experts
