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Find National income Purchase 600. Closing stock 210. Opening stock 350. Expenditure 100. Production for self consumption 240. Indirect taxes 140. Direct tax 120. NFIA 50. Subsidies 80. Depreciation 100 sales 2000?
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Find National income Purchase 600. Closing stock 210. Opening stock 35...
National Income Calculation

Gross Domestic Product (GDP) =
- Production for self-consumption: $240
- Expenditure: $100
- Depreciation: $100
- Indirect taxes: $140
- Direct tax: $120
- NFIA (Net Factor Income from Abroad): $50
- Subsidies: $80
GDP = $240 + $100 + $100 + $140 + $120 + $50 - $80
GDP = $670

Gross National Product (GNP) =
- GDP: $670
- NFIA: $50
GNP = $670 + $50
GNP = $720

National Income (NI) =
- GNP: $720
- Depreciation: $100
NI = $720 - $100
NI = $620

Calculation of National Income Purchase
- Closing stock: $210
- Opening stock: $350
- Sales: $2000
National Income Purchase = Opening stock + Purchases - Closing stock
National Income Purchase = $350 + $2000 - $210
National Income Purchase = $2140
Therefore, the National Income Purchase is $2140.
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Find National income Purchase 600. Closing stock 210. Opening stock 350. Expenditure 100. Production for self consumption 240. Indirect taxes 140. Direct tax 120. NFIA 50. Subsidies 80. Depreciation 100 sales 2000?
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