From the following data calculate “ national income” by Income & e

1.	From the following data calculate “ national income” by Income & expenditure method. (i) Interest 150(ii) rent 250(iii)GFCE 600(iv)PFCE1200(v) Profits 640(vi)Compensation of employees 1000(vii)NFIA30(viii) NIT60(ix) Net Export(-) 40(x) Consumption of fixed capital50(xi) NDCF 340
Answer» Income Method NNPfc = vi + i + ii + v + vii = 1000+ 150 + 250 +640 + 30 = 2070 Expenditure Method NNPfc = iii+ iv + xi + x + ix – dep – viii + vii = 600 + 1200 + 340 + 50 + (- 40) – 50 – 60 + 30 = 207

From the following data calculate “ national income” by Income & expenditure method. (i) Interest 150(ii) rent 250(iii)GFCE 600(iv)PFCE1200(v) Profits 640(vi)Compensation of employees 1000(vii)NFIA30(viii) NIT60(ix) Net Export(-) 40(x) Consumption of fixed capital50(xi) NDCF 340

Answer»

Income Method NNPfc = vi + i + ii + v + vii

= 1000+ 150 + 250 +640 + 30

= 2070

Expenditure Method

NNPfc = iii+ iv + xi + x + ix – dep – viii + vii

= 600 + 1200 + 340 + 50 + (- 40) – 50 – 60 + 30

= 207

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From the following data calculate “ national income” by Income &amp; expenditure method. (i) Interest 150(ii) rent 250(iii)GFCE 600(iv)PFCE1200(v) Profits 640(vi)Compensation of employees 1000(vii)NFIA30(viii) NIT60(ix) Net Export(-) 40(x) Consumption of fixed capital50(xi) NDCF 340

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From the following data calculate “ national income” by Income & expenditure method. (i) Interest 150(ii) rent 250(iii)GFCE 600(iv)PFCE1200(v) Profits 640(vi)Compensation of employees 1000(vii)NFIA30(viii) NIT60(ix) Net Export(-) 40(x) Consumption of fixed capital50(xi) NDCF 340