Find national income i)Net current transfer to abroad=5 ii)pvt final consumption exp=200 iii)subsidies=20 iv)net domestic fixed capital formation=40 v)Net - Economics - National Income Accounting

Question

Find national income i)Net current transfer to abroad=5 ii)pvt
final consumption exp=200 iii)subsidies=20 iv)net domestic fixed
capital formation=40 v)Net factor income to abroad=10 vi)Govt final
consumption expenditure=50 vii)Change in stock=(-10) viii)Net
imports=(-20) ix)Consumption of fixed capital=30 x)Indirect tax=60

Lakshay Singhal · Accepted Answer

Dear Student,
National Income = Private final consumption expenditure +
Government final consumption expenditure + Net fixed capital
formation + Change in Stock + Net exports - Net indirect tax + Net
factor income from abroad
National Income = 200 + 50 + 40 + (-10) + 20 - (60 - 20) - 10
National Income = Rs 250

Regards