Question

Calculate national income from the following data:
1. Subsidy = 5
2. Net exports = (-20)
3. Private final consumption expenditure = 400
4. Net factor income to abroad = 10 5 .Government final consumption expenditure = 100
6. Indirect tax = 30
7. Net domestic capital formation = 50
8. Change in stock = 7​

Answer 1

Answer:

1. Serious prejudice in the sense of paragraph (c) of Article 5 may arise in any case where one or several of the following apply: (a) the effect of the subsidy ...
2. trade deficit
3. Private final consumption expenditure. 400. (ii). Gross domestic capital formation. 20. (iii). Change in stocks. 20. (iv). Direct purchases from abroad by ...