Question

what is the effect of reform process in Pakistan. a) growth rate of GDP im 1990s and 1980s are same. b) growth rate of GDP increased in 1990s compared to 1980 s. c) growth rate of GDP decreased in 1990s as compared to 1980 s. d) none
​

Answer 1

1. Income Method GNPFC = Compensation of employees + Rent + Interest + Undistributed Profits + Dividend + Net

Factor Income from Abroad + Consumption of fixed capital = 1850 + (400 +500 +900 + 200) + (-) 50+ 100 = 3900

CRORE Note: o GNPFC = NNPFC + Consumption of fixed capital o NNPFC = Compensation of employees + Rent +

Interest + Undistributed Profits + Dividend + Net Factor Income from Abroad o Compensation of employees is

income from work which includes wages and salaries in kind and cash, and contribution to social securities

ii. Expenditure Method GNPFC = GNPMP - Net Indirect Taxes Private Final consumption Expenditure + (Net

Domestic capital formation + consumption of fixed capital) + Govt. Final consumption Expenditure + Net Exports +

Net Factor Income from Abroad - Net Indirect Taxes = 1100 +2600 + (500 +100) + (-) 100 + (-)50 – 250 = 3900

CRORE