Given the following data, find the missing values of ‘Private Final Consumption Expenditure’ and ‘Operating Surplus’ National Income ₹ 50,000
Solution:- Calculation of Operating Surplus NDP at FC = NNP at FC – Net Factor Income from abroad NDP at FC = ₹ 50,000 – ₹ 500 NDP at FC = ₹ 49,500 NDP at FC = Compensation of Employees…