An economy is in equilibrium. Find investment expenditure: |
National income = 1200 |
Autonomous consumption expenditure = 150 |
Marginal Propensity to consume = 0.8 |
Calculate Net National Product at Market Price | ||
(i) | Net current transfers to abroad | 10 |
(ii) | Private final consumption expenditure | 500 |
(iii) | Current transfers from government | 30 |
(iv) | Net exports | \[()20\] |
(v) | Net indirect tax | 120 |
(vi) | National debt interest | 70 |
(vii) | Net domestic capital formation | 80 |
(viii) | Income accuring to government | 60 |
(ix) | Income accruing to government | 60 |
(x) | Government final consumption expenditure | 100 |
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