Suppose there are only we firms, A and B in an imaginary economy Firm A usos no raw material and produces
cotton worth 350 lakhs. Form A gives 20 lakhs to the workers as wages and keeps the remaining 30 lakhs to be
distributed as rent, interest and profits. Firm A sells its cotton to firm B. who uses it produce cloth. Firm B seils
the doth produced to consumers for 200 lakhs and gives 160 lakhs as wages and keeps the remaining income
generated as profits.
Assuming no depreciation and indirect taxes or subsidios. calculate GDP by three methods.
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