Solve This Numerical ( Only for Humanities & Commerces Students )
MUSTRATIONS RELATING TO VARIOUS CONCEPTS OF NATIONAL INCOME
of the following data, calculate Net Domestic Product at Market Price:
(crore)
Net indirect tax
100
Consumption of fixed capital
200
Compensation of employees
2,000
Operating surplus
500
Mixed Income of self-employed
1,500
Answers
Answered by
1
Income method:-
NDP (fc) :- compensation of employees+ Operating surplus + Mixed income for self - employed person.
NDP(fc) :- 2,000 + 500 + 1500
=> 4000.
NDP(mp) :- NDP(fc) + NIT ( net indirect tax)
=> 4000 + 100
= 4100...
Answered by
2
Answer:
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