Calculate National income:
|
8720 8780 8530 8590 |
8780 |
The correct answer is option 2: 8780 GDPMP = Private final consumption expenditure + Government final consumption expenditure + Gross domestic capital formation + Net exports = 4,500 + 3,000 + 1,000 + 600 = 9,100 NDPMP = GDPMP - Depreciation = 9,100 - 120 = 8,980 NDPFC = NDPMP - Net Indirect taxes = 8,980 - 300 = 8,680 National income (NNPFC) = NDPFC + NFIA = 8,680 + 100 = 8,780 |