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Calculate the (a) Gross National Product at market price, and (b) Net National Disposable Income :(Rs. in crores)(i) Compensation of employees2,500(ii) Profit700(iii) Mixed income of self-employed7,500(iv) Government final consumption expenditure3,000(v) Rent400(vi) Interest350(vii) Net factor income from abroad50(viii) Net current transfer to abroad100(ix) Net indirect taxes150(x) Depreciation70(xi) Net exports40 |
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Answer» GNPMT= Compensation of employees + Profit + Rent + Interest + Mixed income of self employed + Depreciation + Net factor income from abroad + Net indirect taxes + Government final consumption expenditure = 2500 + 700 + 400 + 350 + 7500 + 70 + 50 + 150 + 3000 = 14,720 Net National Disposable Income = GNPMP- Depreciation - Net current transfer to abroad = 14,720 -70 -100 = 1.4,550 |
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