Question

calculate nnp at fc and GDP at fc if
wages and salaries is 120
rent is 60
interest is 25
dividend is 15
undistributed profit is 50 corporation tax is 30
mixed income is 20
nfya is 10 and
depreciation is 5​

Answer 1

Answer:

Budget deficit. It measures the amount by which the government expenditure exceeds the tax revenue earned by it. Budget Deficit = G – T.

Trade deficit: It measures the amount of excess expenditure over the export revenue earned by the country.

Trade Deficit = M – X

Given G – T = (-) Rs 1500 crore

Investment – Saving = Rs 2000 crore Trade deficit = [I – S] + [G – T]

= [2000]+ [-1500] = Rs 500 crore.