Q.18 Find National Income From the following data :
:
Net domestic fixed capital formation = 250
Closing Stock = 110
Opening Stock = 70.
Gross domestic capital formation = 290
Export = 150 Import = 190
Government consumption expenditure = 160
Net indirect tax = 28
Factor income to abroad = -45
Private final expenditure = 250
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Answer:
Investment expenditure or gross domestic capital formation.
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