Q.2 Calculate: (4)
a) Gross value added at Market price, and
b) National income from the following data.
Items (Rs in lakhs)
i) Value of output
a) Primary sector 800
b) Secondary sector 200
c) Tertiary sector 300
ii) Value of intermediate inputs purchased by:
a) Primary sector 400
b) Secondary sector 100 c) Tertiary sector 50
iii) Indirect taxes paid by all sector 50
iv) Consumption of fixed capital of all sector 80
v) Factor income received by the residents from
rest of the world 10
vi) Factor income paid to non-residents 20
vii) Subsidies received by all sectors 20
Answers
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Answer:
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Answered by
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Answer:
GDP MP = 750 LAKHS
Explanation:
GDP MP = value added by primary sector + value added by secondary sector + value added by tertiary sector . value added by a sector = value of output - intermediate cost .. primary sector = 800 - 400 = 400 lakhs secondary sector = 200 - 100 = 100 lakhs tertiary sector = 300 - 50 = 250 lakhs.. total value added = 400 + 100 + 250 hence GDP MP 750 LAKHS
NNP FC = GDP MP - Depreciation + NFIA - NIT + subsidies
NNP FC = 750 - 80 + 10 - 50 + 20 =
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