Calculate marginal propensity to consume from the following data about an economy which is in equilibrium: |
National Income = 1500 |
Autonomous consumption expenditure = 300 |
Investment expenditure = 300 |
Calculate net domestic product at factor cost from the following: | ||
(Rs. Arab) | ||
(i) | Net current transfers to abroad | 5 |
(ii) | Government final consumption expenditure | 100 |
(iii) | Net indirect tax | 80 |
(iv) | Private final consumption expenditure | 300 |
(v) | Consumption of fixed capital | 20 |
(vi) | Gross domestic fixed capital formation | 50 |
(vii) | Net imports | (-)10 |
(viii) | Closing stock | 25 |
(ix) | Opening stock | 25 |
(x) | Net factor income to abroad | 10 |
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