Question

4. In a single day Raju, the barber, collects 3 500 from haircuts; over this day, his equipment depreciates in
value by 50. Of the remaining 450, Raju pays sales tax worth 30, takes home3 200 and retains 220 for
improvement and buying of new equipment. He further pays 20 as income tax from his income. Based on
this information, complete Raju's contribution
to the following measures of income: (i) Gross Domestic
Product, (ii) NNP at market price, (iii) NNP at factor cost, (iv) Personal income, (v) Personal disposable income.
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Answer 1

hi dear

yeah I am punjabi from Chandigarh