S.NO. |
Particulars |
(Rs in Crores) |
1
2
3
4
5
6
7
|
Gross domestic product at Market price
Net current transfers to the rest of the world Net indirect tax
Net factor income to abroad
National debt interest
Consumption of fixed capital
Current transfers from government |
2,000
(-)200
150
60
70
200
150 |
Computation of net national disposable income:
NNDP = NDPFC + NIT - Net factor income to abroad – Net current transfers to the rest of the world
NDPFC = GDPMP - Consumption of fixed capital – NIT
=2000 -200 – 150 = 1,650
Now
NNDP = 1650+150-60-(-)200 = 1940
Hence net national disposable income = 1940
Calculate “sales” from the following data:
S.No | Particulars | (Rs in lakhs) |
(i) | Net Value added at factor cost | 560 |
(ii) | Depreciation | 60 |
(iii) | Change in stock | (-) 30 |
(iv) | Intermediate cost | 1000 |
(v) | Exports | 200 |
(vi) | Indirect taxes | 60 |
Giving reasons categorize the following into stock and flow:
(i) Capital
(ii) Saving
(iii) Gross domestic product
(iv) Wealth
C = 100 + 0.4 Y is the Consumption Function of an economy where C is Consumption Expenditure and Y is National Income. Investment expenditure is 1,100. Calculate
(i) Equilibrium level of National Income.
(ii) Consumption expenditure at equilibrium level of national income.
Complete the following table:
Income (Rs) | Consumption expenditure (Rs) | Marginal Propensity to Save | Average Propensity to Save |
0 | 80 | ||
100 | 140 | 0.4 | - |
200 | - | - | 0 |
- | 240 | - | 0.20 |
- | 260 | 0.8 | 0.35 |
Calculate National Income from the following data:
S.No. | Particulars | (Rs in crores) |
(i) | Private final consumption expenditure | 900 |
(ii) | Profit | 100 |
(iii) | Government final consumption expenditure | 400 |
(iv) | Net indirect taxes | 100 |
(v) | Gross domestic capital formation | 250 |
(vi) | Change in stock | 50 |
(vii) | Net factor income from abroad | (-) 40 |
(viii) | Consumption of fixed capital | 20 |
(ix) | Net imports | 30 |