Q2) Calculate; a) GDP at market prices & b) National income using the following information; Personal consumption expenditure №6,500 Indirect tax minus (-) subsidy #150 State government consumption and investment N500 Federal government consumption and investment #2,000 Change in business inventory #100 Gross private domestic expenditure #1,200 Export #900 Net factor income to the rest of the world N-100 (minus one hundred) Import #1,200 Depreciation N200
