Question

Calculate (i) gross domestic product at factor cost and (ii) net national disposable income : 6 Rs. (in Crores)
(i) Net indirect tax 130 (ii) Government final consumption expenditure 100 (iii) Profit 90
(iv) Net domestic capital formation 120 (v) Change in stocks (–) 10
(vi) Private final consumption expenditure 500 (vii) Net imports 20
(viii) Net current transfers to abroad 10 (ix) Net factor income to abroad 30
(x) Gross domestic capital formation 160

Answer 1

Answer:

(5) is the right option

Explanation:

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Answer 2

Explanation:

NNP

fo

= Wages and salaries +social security contribution by employers + rent and royalty+ profit+ interest- net factor income to abroad

=800+100+300+500+400-50

=Rs2050Arab

Also, Gross National Disposable Income=NNP

fo

+NIT-net current transfers to the rest of the world+consumption of fixed capital

=2050+250-(30)+200

=Rs2530Arab.