National Income Doubt

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National Income Doubt

Homer Simpson
Please explain steps :)

In an economy, A sells all his output to B and B sells all output to C. Wages paid in firm A are half the wages paid in firm B and one-third those wages paid in firm C. National product is 720. Value added by each firm is equal. Total profits are thrice the total wages. How much are the profits for B?

(A) 150 (B) 180 (C) 210 (D) 360

What is GNP by category of final demand if A imports for Rs 600 and sells to exports for Rs 800 and to B for Rs. 400; B sells to private consumption for Rs 500  and to capital formation for Rs 400; C sells it to D for Rs 10 and D sells to exports for Rs 200 and to public consumption for Rs 300.

(a) 2200 (b) 1600 (c) 1400 (d) 900
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Re: National Income Doubt

Homer Simpson
anyone??
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Re: National Income Doubt

don123
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