Question

(2 стоте) 10 20 400 (b) National income (by expenditure method) = 273 ne method) = 2730 11. Calculate Cross National Product at Market Price by (a) Income Method, and (b) Expenditure Method on the basis of the following data: Items 6) Net export (ii) Rent (iii) Private final consumption expenditure (v) Interest 30 (v) Dividend (vi) Undistributed profit 5 (vii) Corporate tax 10 (viii) Government final consumption expenditure (x) Net domestic capital formation 50 (x) Compensation of employees 400 (xi) Consumption of fixed capital 10 (xii) Net indirect tax 50 (xiii) Net factor income from abroad (-)10 Ans.(a) GNPMP (income method) = 560 cm 45 100​

Answer 1

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