Professional Documents
Culture Documents
Questions NI
Questions NI
The following information is extracted from the National Income Accounts of an economy:
Particulars Million Units of
Currency (MUC)
Depreciation 590
Government expenditure 2,970
Corporate taxes 720
Gross domestic investment 3,195
Transfer payments 695
Personal taxes 2,025
Net income earned from abroad 110
Retained earnings 1,500
Consumption expenditure 20,000
If the national income is 25,000 MUC, the personal savings in the economy is
(a) 1,040 MUC (b) 420 MUC (c) 1,450MUC (d) 3,230 MUC (e) 4,440 MUC.
5. The following information is given from the national accounts of a country for the year 2002-03.
Particulars MUC
Factor income earned within domestic territory(NDP-FC) 13,000
Gross domestic fixed capital formation 1,200
Net domestic fixed capital formation 800
GNP at market prices 17,000
Indirect taxes 600
Subsidies 200
The net factor income from abroad for the year 2002-03 is
(a) 3,000MUC (b) 2,600 MUC (c) 3,200 MUC (d) 3,400 MUC (e)2,200 MUC.
6.