Quantity Or Quality

Particulars hidden lowest economic consumption Expenditure Government net Consumption Expenditure Gross Capital Formation a. Households b. snobby corporate sector c. Public Sector d. Valuables Exports Imports Indirect Taxes less(prenominal) subsidies excoriation Incomes from aboard dispraise 2009-10 ( ` in corer) `18,656 ` 3,425 ` 3,560 ` 3,100 ` 2,204 ` 410 ` 5690 ` 6259 `2,706 `-223 `3,324 Calculate the following: a) make domestic product at food market footing b) thoroughgoing(a) national product at market set c) gross national product at Factor make up d) force out interior(a) point of intersection Answer: gross domestic product at mart scathe= C+I+G+(X-M) = 18,656+ (3560+3100)+(3425+2204+410)+(5690-6259) = ` 30786 gross national product at Market Price = gross domestic productM+NFA = 30786+(-223) = ` 30563 gross national product at Factor Cost= gross national productM Ti + S = 30563-2706 = ` 27857 NNP/ National Income = GNPF depreciation = 27857-332 4 = ` 24533 Example: 2 course of study 1 Consumption Investment quality Income earned oversea Property income give abroad Subsidies Indirect Taxes Exports Imports Depreciation Government disbursement 600 134 75 95 55 85 80 cv 70 280 family 5 960 340 120 95 cx cl 150 125 90 270 Calculate for some(prenominal) old age: 1. gross domestic product at market prices 2. GNP at market prices 3. GNP at factor price 4. Net National Product 5. National Income Calculate for both years: 1.

gross domestic product at market prices Year 1 Y= C + I + G + (X - M) 989 = 600 + 134 + 280 + 80 -105 Y = C + I + G +X- M 1595 = 960 + 340 + 270 +150 - 125 Year 2 2. GNP at market prices Year 1 GNP = gross domestic product + Prope! rty income Property income earned foreign - paid overseas 969 = 989 + 75 95 Year 2 GNP = GDP + Property income Property income earned overseas - paid overseas 1620 = 1595 + 120 95 3. GNP at factor cost GNP at factor cost = GNP at market prices - Indirect Taxes + Subsidies Year 1 939 = 969 85 + 55 Year 2 1660 = 1620 70 + 110 4. Net National Product NNP = GNP at factor cost - Depreciation 869 = 939 70 1570 = 1660 90 Year 1 Year 2 5. National Income see NNP If you want to realize a right essay, order it on our website: OrderEssay.net

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