From the following data, calculate the national income: Particulars Rs.in million Gross fixed capital formation 300 Private final consumption…
BIT Economics · 2080 · Solved Question with Answer
From the following data, calculate the national income:
| Particulars | Rs.in million |
|---|---|
| Gross fixed capital formation | 300 |
| Private final consumption expenditure | 900 |
| Net Export | -50 |
| Subsidies | 50 |
| Government final consumption expenditure | 150 |
| Indirect taxes | 250 |
| Change in stock | 50 |
| Consumption of fixed capital | 50 |
| Net factor income from abroad | 50 |