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