Question

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
​

Answer 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...

Answer 2

Answer:

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