Calculate autonomous consumption expenditure from the following data about an economy which is in equilibrium. |
National income = 1200 |
Marginal propensity to save = 0.20 |
Investment expenditure =100 |
Calculate ?net national product? at factor cost from the followings | ||
(Rs. Arab) | ||
(i) | National debt interest | 60 |
(ii) | Wages and salaries | 600 |
(iii) | Net current transfers to abroad | 20 |
(iv) | Rent | 200 |
(v) | Transfers payments by government | 70 |
(vi) | Interest | 300 |
(vii) | Net domestic product at factor cost accruing to government | 400 |
(viii) | Social security contribution by employers | 100 |
(ix) | Net factor income paid to abroad | 50 |
(x) | Profits | 300 |
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