1500.6.Interest450Government final consumption expenditure(Ans.: 1,700

1500.6.Interest450Government final consumption expenditure(Ans.: 1,700 crores)Q.4... Calculate "Gross National Product at Factor Cost from the following data.by (a) Income method, and (b) Expenditure method:( in Crores)Private final consumption expenditure1,000Net domestic capital formation200Profits400(iv) Compensation of employees800(v) Rent250(vi) Government final consumption expenditure500(vii) Consumption of fixed capital60(viii) Interest150Net current transfers from rest of the world(-) 80Net factor income from ab ad(-) 10Net exports(-) 20Net indirect taxes80(Ans.: 1,650 crores)NISHA MASTIRMA YES.S. COACHING CENTRE IS NOW NISHA ACADEMY

Answer»

Answer:

INCOME Method

COMPENSATION of EMPLOYEES + interest+rent +PROFIT+ nfia

800+250+150+400+(-80)

1590+ Consumption of fixed capital

1590+60

=1650(crores)