(Answered) 1 find gdp from the payment and expenditure flows for the

Writing

1. Find GDP from the payment and expenditure flows for the closed economy in the figure given below. Assume that individuals own all economic resources.

(b) Find the sum of leakages and injections. (Note: Money value of the given components is in crores)

Wages Rs855,

Interest Rs62,

Rent Rs26,

Profit Rs105

Indirect Taxes Rs135

Depreciation Rs 120

Direct Taxes Rs 115

Gross Investment Rs 210

Saving Rs 90

Government Expenditures Rs 250

Consumption Rs 843

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