An economy is in equilibrium. Find investment expenditure: |
National Income = 1000 |
Autonomous Consumption = 100 |
Marginal Propensity to consume = 0.8 |
Calculate National Income: | ||
(Rs. Crores) | ||
(i) | Corporation tax | 100 |
(ii) | Private final consumption expenditure | 900 |
(iii) | Personal Income tax | 120 |
(iv) | Government final Consumption expenditure | 200 |
(v) | Undistributed profits | 50 |
(vi) | Change in stocks | \[()20\] |
(vii) | Net domestic fixed capital formation | 120 |
(viii) | Net imports | 10 |
(ix) | Net indirect tax | 150 |
(x) | Net factor income from abroad | \[()10\] |
(xi) | Private income | 1000 |
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