Answer to Question #285054 in Macroeconomics for Noor

Question

Estimate National Income using Expenditure method from the

following data:

Particulars. (Crores)

1. Opening stock.

2. Closing stock.

3. Consumption of fixed capital

4. Private final consumption expenditure

5. Net exports

6. Net factor income from abroad

7. Compensation of employees paid by general government

8. Direct purchases of non - durable goods from abroad

by general government

9. Net purchases of goods and services by general government

in the domestic market

10. Net domestic capital formation

11. Net indirect taxes

50

60

10

500

(-) 25

10

100

10

100

160

150

Answer 1

solve in EXCEL