National accounts of a country show the following :
| Item | Value |
|---|---|
| Net factor income from abroad | 10 |
| Income from private domestic industries | 780 |
| Income from governmental industries | 100 |
| Personal consumption expenditures | 500 |
| Government purchases | 250 |
| Exports | 40 |
| Imports | 60 |
| Depreciation | 30 |
| Then the net domestic product is |
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National income accounting has come up 132 times in 6 exams since 2010.
This question is on The income and value-added methods, part of National income accounting in Macroeconomics.
Measuring national product as factor incomes or as value added at each stage.
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Question from the JNU SSS 2013 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.