| Calculate 'National Income' from the following: | ||
| (Rs. in Arab) | ||
| (i) | Net change in stocks | 50 |
| (ii) | Government final consumption expenditure | 100 |
| (iii) | Net current transfers to abroad | 30 |
| (iv) | Gross domestic fixed capital formation | 200 |
| (v) | Private final consumption expenditure | 500 |
| (vi) | Net imports | 40 |
| (vii) | Depreciation | 70 |
| (viii) | Net factor income to abroad | (-) 10 |
| (ix) | Net indirect tax | 120 |
| (x) | Net capital transfers to abroad | 25 |
Answer:
\[NN{{P}_{FC}}\] = Private final consumption expenditure + Government final consumption expenditure + Gross domestic fixed capital formation + Net change in stocks - Net imports - Depreciation - Net indirect tax - Net factor income to abroad
\[=500+100+200+50-40-70-120-(-10)\]
= Rs. 630 Arab
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