(a) From the following data compute net value added at factor cost: I

1.	(a) From the following data compute net value added at factor cost: ItemsDomestic salesSubsidiesPurchase of raw materialExports DepreciationImport ofNet in domestic market indirect taxesIn Crores25004050020010060060 (b) Intermediate goods and corporate tax are included in national income indirectly. How ? OR Calculate GNPmp (a) By Income Method (b) Expenditure Method (a) Rent40(b) Private Final Consumption Expenditure800(c) Net Exports20(d) Interest60(e) Profit120(f) Government Final Consumption Expenditure200(g) Net Domestic Capital Formation100(h) Compensation of Employees800(i) Depreciation20(j) Net Indirect Taxes100(k) Net Factors Income From Abroad(−)20
Answer» (a) From the following data compute net value added at factor cost: $\begin{matrix} Items & Domestic sales & Subsidies & Purchase of raw material & Exports & Depreciation & Import of & Net in domestic market & indirect taxes In Crores & 2500 & 40 & 500 & 200 & 100 & 600 & 60 \end{matrix}$ (b) Intermediate goods and corporate tax are included in national income indirectly. How ? OR Calculate $G N P_{m p}$ (a) By Income Method (b) Expenditure Method $\begin{matrix} (a) & Rent & 40 (b) & Private Final Consumption Expenditure & 800 (c) & Net Exports & 20 (d) & Interest & 60 (e) & Profit & 120 (f) & Government Final Consumption Expenditure & 200 (g) & Net Domestic Capital Formation & 100 (h) & Compensation of Employees & 800 (i) & Depreciation & 20 (j) & Net Indirect Taxes & 100 (k) & Net Factors Income From Abroad & (-) 20 \end{matrix}$

(a) From the following data compute net value added at factor cost: ItemsDomestic salesSubsidiesPurchase of raw materialExports DepreciationImport ofNet in domestic market indirect taxesIn Crores25004050020010060060 (b) Intermediate goods and corporate tax are included in national income indirectly. How ? OR Calculate GNPmp (a) By Income Method (b) Expenditure Method (a) Rent40(b) Private Final Consumption Expenditure800(c) Net Exports20(d) Interest60(e) Profit120(f) Government Final Consumption Expenditure200(g) Net Domestic Capital Formation100(h) Compensation of Employees800(i) Depreciation20(j) Net Indirect Taxes100(k) Net Factors Income From Abroad(−)20

Answer»

(a) From the following data compute net value added at factor cost:

$\begin{matrix} Items & Domestic sales & Subsidies & Purchase of raw material & Exports & Depreciation & Import of & Net in domestic market & indirect taxes In Crores & 2500 & 40 & 500 & 200 & 100 & 600 & 60 \end{matrix}$

(b) Intermediate goods and corporate tax are included in national income indirectly. How ?

Calculate $G N P_{m p}$

(a) By Income Method

(b) Expenditure Method

$\begin{matrix} (a) & Rent & 40 (b) & Private Final Consumption Expenditure & 800 (c) & Net Exports & 20 (d) & Interest & 60 (e) & Profit & 120 (f) & Government Final Consumption Expenditure & 200 (g) & Net Domestic Capital Formation & 100 (h) & Compensation of Employees & 800 (i) & Depreciation & 20 (j) & Net Indirect Taxes & 100 (k) & Net Factors Income From Abroad & (-) 20 \end{matrix}$

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