Domestic Income|Compensation Of Employees|Mixed Income Of Self Employed|Profit|OMR

Categorisation Of Domestic Income

Calculate : (a) Domestic Income, (b) Compensation of employees.

Compute Domestic Income :

From the following data, calculate Gross National Product at market prices: (i) Undistributed profits of private corporate enterprises 200 (ii) Rent 400 (iii) Interest 200 (iv) Prifits 600 (v) Dividends 300 (vi) Wages and salaries 225 (vii) Net exports (-)20 (viii) Net indirect tax 70 (ix) Consumption of employees 250 (xi) Mixed income of self-employed 100 (xii) Net factor income from abroad (-)10

Calculate (a) Gross Domestic Product at market price through the income method and (b) national income by the expenditure method: (i) Mixed income of the self-employed 280 (ii) Compensation of employees 240 (iii) Net factor income from the rest of the world (-)5 (iv) Imports 60 (v) Exports 50 (vi) Government's final consumption expenditure 75 (vii) Goods and services tax 90 (viii) Change in stocks 35 (ix) Private final consumption expenditure 510 (x) Consumption of fixec capital 40 (xi) Gross fixed capital formation 130 (xii) Subsidies 100 (xiii) Rent, interest and profits 100 (xiv) Interest on national debt 10

Calculate Gross National Product at Market prices by (a) Expenditure method, and (b) Income method. (i) Compensation of employees 100 (ii) Private final consumption expenditure 200 (iii) Rent 20 (iv) Government final consumption expenditure 50 (V) Profits 10 (vi) Interest 10 (vii) Gross domestic capital formation 60 (viii) Net imports 10 (ix) Consumption of fixed capital 20 (x) Net indirect tax 30 ,brgt (xi) Net factor income from abroad (-)20 (xii) Change in stocks 10 (xiii) Mixed income 110

Calculate national income from the following data: (i) Rent 80 (ii) Interest 100 (iii) Profits 210 (iv) Tax on profits 30 (v) Exployees contribution to social security schemes 25 (vi) Mixed income of self-employed 250 (vii) Net indirect tax 60 (viii) Employer's contributions to social secruity schemes 50 (ix) compensation of employees 500 (x) Net factor income from abroad (-)20