Calculate national income from the following data
1. Compensation of employees =600
2. Rent=100
3.profit =80
4. Mixed income =200
5. Interest =120
6.NFIA=(-10)
7. Nit =110
Answers
Answered by
0
Explanation:
national income
= compensation of employees + Rent + profit + mixed income + intrest - NFIA - NIT
= 600+ 100+ 80+ 200 + 120 - 10- 110
= 980
National income is 980
NFIA - Net factor income to abroad
NIT - Net indirect tax
Similar questions