Question

Suppose an economy has two sectors producing products product 1 and product 2 respectively. It takes 0.10 units of product 1 and 0.05 units of product 2 to produ 1 unit of product 1. It takes 0.06 units of product 1 and 0.12 units of product 2 produce 1 unit of product 2. Suppose the total production is fixed at 1000 units of product 1 and 1500 units of product 2 of which some (as much as is needed) is used internally and the rest is stored as surplus. How much of each is there as surplus? 18. Consider an economy with 2 industries producing 2 products, one cach. In order to produce 1 unit of product 1, 0.5 units of product 1 and 0.8 units of product 2 ar required. To produce 1 unit of product 2, 0.3 units of product 2 and 04 units of product I are required. Compute the total required production​

Answer 1

Answer:

en the following data, find the values of Operating Surplus' and Net

ports':

S.No.

Particulars

Amount

in Crores)

Mixed Income of Self-Employed

700

Net Factor Income from Abroad

150

Private Final Consumption

Expenditure

2,200

Profits

200

Net Indirect Taxes

150

vi

National Income

5,000

vii

Gross Domestic Capital Formation

1,100.

vili

Wages and Salaries

2,200

ix

Net Exports

Government Final Consumption

Expenditure

1,300

Consumption of Fixed Capital

200

Operating Surplus

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वेनिवेश तथा विदेशों से प्राप्त ऋण' को क्या सरकार की राजस्व प्राप्तियों में जो

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