Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Calculate the question answer Q.2. From the data given below: Calculate i) GDP at market price, ii) GDP at factor cost iii) GNP at market

Calculate the question answer

image text in transcribed Q.2. From the data given below: Calculate i) GDP at market price, ii) GDP at factor cost iii) GNP at market price, iv) NDP at market price and Household consumption expenditure = Rs 550 billion GDP Govt. consumption Exp = Rs 250 billion Gross fixed capital formation = Rs100 billion Depreciation = Rs 150 billion Indirect tax = Rs 160 billion Subsidies = Rs 40 billion Exports = Rs 200 billion Imports = Rs 250 billion Net income from abroad = Rs 150 billion Q. 3 Using method calculate: NNPmp , NDPmp & NI Govt. final consumption exp = 100 Indirect tax = 120 Subsidies = 60 Fixed capital formation = 50 Net value added in stock = 40 Depreciation = 140 Private final consumption exp = 200 Export = 90 Import = 20 NFIA = 300

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

China Under Mao A Revolution Derailed

Authors: Andrew G Walder

1st Edition

0674975499, 9780674975491

More Books

Students also viewed these Economics questions

Question

What was the positive value of Max Weber's model of "bureaucracy?"

Answered: 1 week ago

Question

Explain the focus of safety programs.

Answered: 1 week ago

Question

Describe the consequences of musculoskeletal disorders.

Answered: 1 week ago