Question

Calculate from the data given below: (5) a) NDP at FC by the production method. b) NNP at FC by the expenditure method. (Rs in crores) I. Purchase of raw materials and services from other firms 250 II. Value of output 770 III. Indirect taxes 75 IV. Subsidies 15 V. Consumption of fixed capital 10 VI. Net factor income from abroad (-) 5 VII. Opening stock 15 VIII. Closing stock 5 IX. Gross domestic capital formation 40 X. Private final consumption expenditure 455 XI. Government final consumption 25 XII. Net exports 10 yogi​

Answer 1

Answer:

production method means value added method

consumption of fixed capital means depreciation

Explanation:

sales+ change in stock= output

outpur- intermediate cost=GDP at MP

output=770

- intermediate cosumption=250

GDP at MP=520

-dep= 10

-NIT

(75-15)=60

-70

NDP at FC=450

expenditure method also gives GDP at Mp

govt final consumption expenditure =25

private final consumption expenditu=455

Gross domestic capital formation =40

GDP at Mp =520

-dep=10

+NFIA=-5

-NIT=70

NNP at FC =435