National Income Accounts.
X 100. Transfers 100. PIT 220. SST 60.
IBT1 40. NPI 40. I 100. CRE 20. C 700.
NFFI 100. Depreciation 60. IBT2 40. G 300. M 200.
Determine NI
1
Expert's answer
2016-05-17T12:39:03-0400
The national income is defined as follows: NI =GNP-depreciation-IBT1 Where GNP=GDP+NFFI=C+I+G+(X-M)+NFFI GNP = 700 + 100 + 300 + (100-200) +100 =1100 NI =1100 – 60 – 40 =1000
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