Particulars hidden lowest inhalation Expenditure Government utmost Consumption Expenditure Gross Capital Formation a. Households b. surreptitious corporate sector c. Public Sector d. Valuables Exports Imports Indirect Taxes less(prenominal) subsidies lolly Incomes from aboard disparagement 2009-10 ( ` in corer) `18,656 ` 3,425 ` 3,560 ` 3,100 ` 2,204 ` 410 ` 5690 ` 6259 `2,706 `-223 `3,324 Calculate the following: a) glaring domestic product at food market value b) rough national product at market hurt c) gross national product at Factor greet d) force out depicted object carrefour Answer: gross domestic product at mart scathe= C+I+G+(X-M) = 18,656+ (3560+3100)+(3425+2204+410)+(5690-6259) = ` 30786 gross national product at Market Price = gross domestic productM+NFA = 30786+(-223) = ` 30563 gross national product at Factor Cost= gross national productM Ti + S = 30563-2706 = ` 27857 NNP/ National Income = GNPF wear and tear = 27857-3324 = ` 24533 Exampl e: 2 course of study 1 Consumption Investment quality Income earned oversea Property income paying abroad Subsidies Indirect Taxes Exports Imports Depreciation Government disbursement 600 134 75 95 55 85 80 cv 70 280 family 5 960 340 120 95 cx cl 150 125 90 270 Calculate for some(prenominal) old age: 1. gross domestic product at market prices 2. GNP at market prices 3. GNP at factor greet 4. Net National Product 5. National Income Calculate for both years: 1.
gross domestic product at market prices Year 1 Y= C + I + G + (X - M) 989 = 600 + 134 + 280 + 80 -105 Y = C + I + G +X- M 1595 = 960 + 340 + 270 +150 - 125 Year 2 2. GNP at market prices Year 1 GNP = gross d omestic product + Property income Property i! ncome earned afield - paid overseas 969 = 989 + 75 95 Year 2 GNP = GDP + Property income Property income earned overseas - paid overseas 1620 = 1595 + 120 95 3. GNP at factor cost GNP at factor cost = GNP at market prices - Indirect Taxes + Subsidies Year 1 939 = 969 85 + 55 Year 2 1660 = 1620 70 + 110 4. Net National Product NNP = GNP at factor cost - Depreciation 869 = 939 70 1570 = 1660 90 Year 1 Year 2 5. National Income see NNP If you want to realize a ample essay, order it on our website: OrderEssay.net
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