Economy, asked by devanshu930, 7 months ago

(i) In 2018, Kerela was hit by a massive flood causing huge loss of property. Life

ofpeople has come to a standstill. Govt. of India announces compensation to flood

victims to meet the needs of their food, clothes and shelter.

a. Is this expenditure included in National income?

b. How does it impact life in the city?

(ii) There are only two producing sectors A and B in an economy. Calculate Gross

Valueadded at market price by each sector.

Item Rs. (Crore)

(i) Net factor income from Abroad 100

(ii) Sales by A 5000

(iii) Sales by B 10000

(iv) Change in stock of B (–) 1000

(v) Closing stock of A 250

(vi) Opening stock of A 500

(vii) Consumption of fixed capital by A and B 900

(viii) Indirect taxes paid by A and B 600

(ix) Purchase of raw material by A 2500

(x) Purchase of raw material by B 3000

(xi) Exports by B 350​

Answers

Answered by nagarajumdocter
2

Explanation:

only 5 points for such abig question

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