Question

calculate gross national product at market price from following data:
compensation of employees= 2000 crore
interest= 500 cr
rent= 700cr
profit= 800 cr
employer's contribution to social security= 201 cr
dividends= 300cr
comsumptionof fixed capital=100cr
NIT= 250 cr
net exports= 70cr
NFIA=150 cr
MI= 1500

Answer 1

Answer:

Calculate the Gross National Product at Market Price and Personal Income :

(Rs crores)

i) Wages and salaries 800

ii) Personal tax 150

iii) Operating surplus 200

iv) Undistributed profits 10

v) Social security contributions by employers 100

vi) Corporate tax 50

vii) Net factor income to abroad (-)20

viii) Personal disposable income 1,200

ix) Net indirect tax 70

x) Consumption of fixed capital 30

xi) Mixed income of self-employed 500

xii) Royalty 9