Calculate GDP at MP and national income from the following data:
|
(र in crores) |
||
|
(i) |
Net exports |
- 30 |
|
(ii) |
Private final consumption expenditure |
400 |
|
(iii) |
Subsidies |
5 |
|
(iv) |
Net domestic fixed capital formation |
50 |
|
(v) |
Government final consumption expenditure |
100 |
|
(vi) |
Net factor income from abroad |
- 10 |
|
(vii) |
Closing stock |
10 |
|
(viii) |
Consumption of fixed capital |
40 |
|
(ix) |
Indirect taxes |
55 |
|
(x) |
Opening stock |
20 |
GDP at MP = 400 + 100 + 50 + 40 + 10 - 20 - 30
= 550 crores
National income = 550 + 5 - 55 - 40 + (- 10)
= 450 crores
Calculate NDP at FC from the following data:
|
(र in crores) |
||
|
(i) |
Private final consumption expenditure |
400 |
|
(ii) |
Gross domestic capital formation |
20 |
|
(iii) |
Change in stocks |
20 |
|
(iv) |
Direct purchases from abroad by residents households |
50 |
|
(v) |
Net indirect taxes |
60 |
|
(vi) |
Net factor income from abroad |
10 |
|
(vii) |
Direct purchase by non-residents in domestic market |
150 |
|
(viii) |
Net exports |
- 20 |
|
(ix) |
Consumption of fixed capital |
20 |
|
(x) |
Government final consumption expenditure |
100 |
GDP at MP = 400 + 100 + 50 - 150 - 20 + 100 = 480 crores
NDP at FC = 480 - 60 - 20 = 400 crores
From the following data, calculate GNP at MP through expenditure method.
|
(र in crores) |
||
|
(i) |
Inventory investment |
10 |
|
(ii) |
Exports |
20 |
|
(iii) |
Net factor income from abroad |
- 5 |
|
(iv) |
Personal consumer expenditure |
350 |
|
(v) |
Gross residential construction investment |
30 |
|
(vi) |
Government purchase of goods and services |
100 |
|
(vii) |
Gross public investment |
20 |
|
(viii) |
Gross business fixed investment |
30 |
|
(ix) |
Imports |
10 |
GDPMP = Private consumption exp. + Investment exp. + Govt. purchase of goods and services + Net export
= 350 + (10 + 30 + 20 + 30) + 100 + (20 - 10) = 550
GNPMP = 550 + ( - 5) = 545 crores
Calculate GNP at FC from the following data:
|
(र in crores) |
||
|
(i) |
Net domestic capital formation |
350 |
|
(ii) |
Closing stock |
100 |
|
(iii) |
Government final consumption expenditure |
200 |
|
(iv) |
Net indirect taxes |
50 |
|
(v) |
Opening stock |
60 |
|
(vi) |
Consumption of fixed capital |
50 |
|
(vii) |
Net exports |
- 10 |
|
(viii) |
Private final consumption expenditure |
1,500 |
|
(ix) |
Imports |
20 |
|
(x) |
Net factor income from abroad |
- 10 |
GDP at MP = 350 + 200 + 50 + (-10) + 1,500 = 2,090 crores
GNP at FC = 2,090 - 50 + (-10) = 2,030 crores
Calculate GDP at MP and national income (NNPFC) from the following data:
|
(र in crores) |
|||
|
Set I |
Set II |
||
|
(i) |
Government final consumption expenditure |
100 |
150 |
|
(ii) |
Opening stock |
50 |
80 |
|
(iii) |
Gross fixed capital formation |
120 |
130 |
|
(iv) |
Net factor income from abroad |
-10 |
-10 |
|
(v) |
Indirect taxes |
60 |
70 |
|
(vi) |
Closing stock |
80 |
100 |
|
(vii) |
Subsidies |
10 |
10 |
|
(viii) |
Rent, interest and profits |
350 |
500 |
|
(ix) |
Consumption of fixed capital |
20 |
20 |
|
(x) |
Private final consumption expenditure |
400 |
600 |
|
(xi) |
Exports |
50 |
60 |
|
(xii) |
Imports |
40 |
70 |
GDPMP (Set I) = 100 + 80 - 50 + 120 + 400 + 50 - 40
= 660 crores
(Set II) = 150 + 100 - 80 + 130 + 600 + 60 - 70
= 890 crores
National Income (NNPFC)
Set I = 660 - 20 + (- 10) - 60 + 10 = 580 crores
Set II = 890 - 20 + (- 10) - 70 + 10 = 800 crores
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