Question

Calculate GNP at market price by expenditure and income method.
(1) Net export-15.
(ii)PFCE-600.
(iii) Depreciation-30
(iv) Employers-SSS-100
(v)Net capital formation-100
(xi) Rent-60
(vi)GFCE-200
(vii) Operating surplus-190
(viii) NIT's-105
(ix)NFIA-(-5)
(x)Wages-520​

Answer 1

Answer:

Gross National Product at Market Price = Wages and salaries + Social security contribution by employers + Operating surplus + Mixed income of self employed + Depreciation − Net Factor Income to Abroad + Net Indirect taxes

Gross National Product at Market Price =800+100+200+500+30−(−20)+70

Gross National Product at Market Price =Rs1,720crore

Personal Income = Personal disposable income + Personal tax Personal Income =Rs 1,350 crore

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Answer 2

Explanation:

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