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InterviewSolution
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Calculate 'Net National Product at Market Price' and 'Gross National Disposable Income' from the following :Items(Rs. in Arab)(i) Closing stock10(ii) Consumption of fixed capital40(iii) Private final consumption expenditure600(iv) Exports50(v) Opening Stock20(vi) Government final consumption expenditure100(vii) Imports60(viii) Net domestic fixed capital formation80(ix) Net current transfers to abroad(-) 10(x) Net factor income to abroad30 |
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Answer» (i) Net National Product at Market Price (NNPMMP) =Private final consumption expenditure + Government final consumption expenditure + Net domestic fixed capital formation + Change in stock (Closing stock-opening stock) + Net Exports (Exports-Imports) - Net factor income to abroad =600+100+80+(10-20)+50-60-30 =780-50 =Rs. 730 Arab (ii) Gross National Disposable Income (GNDI) =NNPMP+Consumption of fixed capital -Net current transfers to abroad =730+40-(-10) =Rs. 780 Arab. |
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