Question

Calculate gross domestic product at market price from the following data : 6
R (in crore)
(i) Compensation of employees 1,000
(ii) Bonus 100
(iii) Profit 500
(iv) Rent 200
(v) Net factor income from abroad (-) 50
(vi) Dividend 80
(vii) Depreciation 60
(viii) Net indirect taxes 70
(ix) Mixed income of self-employed 4,000
(x) Net exports 40
(xi) Interest 90

Answer 1

Answer:

NDPfc = comensation of employee + operatinh surplus + mixed income.

NDPfc = 1000+790+4000

NDPfc = 5790.

GDPmp = NDPfc + depriciation+ NIT

GDPmp = 5790+60+70

GDPmp = 5920