Question

36. Calculate National Income by Income and Expenditure method
1500
50
Rent
Niet factor income from abroad
) Wages and salanes
Indirecta
M Government final consumption expenditure
(W) Subsidies
(V) Royalty
Net exports
Interest
(x) Corporate tax
(xi) Profit after tax
200
- 200
6.400
200
4.000
(0) Households final consumption expenditure
) Change in stock
(xi) Net domestic foed capital formation
(xv) Final consumption expenditure of private non-profit institutions
serving households
26.000
600
300​

Answer 1

Answer:

Income Method

Wages & Salaries 25000

Add: Rent 1500

Add: Interest 6400

Add: Royalty 200

Add: Corporate Tax 200

Add: Profit 4000

Add: NDPfc 37300

Add: NFIA 50

NATIONAL INCOME 37350

Expenditure Method

Final consumption expenditure of private 300

Add: Household Expenditure 26000

Add: Government Final Consumption Exp 11200

Add: Net Domestic Fixed Capital Formation 600

Add: Change in Stock 100

Add: Net Exports -200

Less: Net Indirect Tax (1000-300) -700

Add: NFIA 50

NATIONAL INCOME 37350