The government exports goods worth 60,000 and imports goods worth 65,0 – InterviewSolution

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1.	The government exports goods worth 60,000 and imports goods worth 65,000. Domestic final consumption expenditure = 5,00,000, and there is no change in the stock of national capital.Replacement investment = 10,000. There are no subsidies; rather the producers are to pay exciseduty of 5,000 to the government. Find factor income generated within the domestic economy.
Answer» Factor INCOME =exports-imports+domestic FINAL consumption expenditure-excise duty =60000-65000+500000-5000 =490000 THEREFORE; Factor Income= 490000/-

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