Consider the following figures for national income accounts and answer the questions given below DescriptionRs in MillionIndirect Business Taxes2,700Imports1,500Government Investment2,250Net Fixed…

Consider the following figures for national income accounts and answer the questions given below

DescriptionRs in MillionIndirect Business Taxes2,700Imports1,500Government Investment2,250Net Fixed capital formation8,100Net receipts-600Exports1,080Wages and salaries33,000Proprietor's income4,500Government consumption4,500Consumption expenditure39,720Changes in inventories-300Subsidy1,200Rent1,350Net interest2,250Dividends2,250Mixed Income1,500Employer's contribution to social security2,250Corporate profit7,500Current transfers from business and government6,000Undistributed profit3,000Capital consumption allowance2,400Social insurance payment2,500

a. Compute NNP_MP by both income and expenditure method. b. Compute personal income.