Answer to Question #59592 in Macroeconomics for ali

Question

National Income Accounts.
C = 800. NPI = 70. Profits = 300. Dep. = 100.
Rents = 200. IBT1 = 50. Wages = 900. CRE = 20.
SST = 90. Interest = 100. DPI = 700. NFFI = 40.
Determine National Income.

Answer 1

The national income is defined as follows:
NI=Wages+Interest+Profits+Rents
NI=900+100+300+200=1500