Please answrr this question I need it very urgently ??????
Dear Student,
National Income = Consumption of fixed capital + Net fixed capital formation + Exports - Net indirect taxes + Govt. purchased of goods and services + NFIA + Subsidies - Imports
= 100 + 1000 + 200 - 50 + 2200 + (-10) + 10 - 250
= 3200
GST = National Income + Consumption of fixed capital = 3200 + 100 = 3300
Regards
National Income = Consumption of fixed capital + Net fixed capital formation + Exports - Net indirect taxes + Govt. purchased of goods and services + NFIA + Subsidies - Imports
= 100 + 1000 + 200 - 50 + 2200 + (-10) + 10 - 250
= 3200
GST = National Income + Consumption of fixed capital = 3200 + 100 = 3300
Regards
