No products in the cart.

Tell me a simple way to …

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

Tell me a simple way to calculate national income.......plz help me........
  • 2 answers

Simran Madaan 7 years, 10 months ago

Value added method GDP at MP=value of output(sales)+change in stock - intermediate consumption Sales= domestic sales+exports Change in stock= closing stock - opening stock Income method NDP at FC=compensation of employees + operating surplus + mixed income Comp of employees = wages and salaries + employers contribution to social security + pensions or anything offered to employees Operating surplus = dividend + corporate tax + undistributed profits(retained earnings) Expenditure method GDP at MP= private final consumption expenditure + gross domestic capital formation + change in stock + net exports(X-M) GROSS TO NET - ( - DEPRECIATION) DOMESTIC TO NATIONAL - ( - NET FACTOR INCOME FROM ABROAD) MARKET PRICE(MP) TO FACTOR PRICE(FC) - ( - NET INDIRECT TAXES( - INDIRECT TAX + SUBSIDIES)

Yogesh Kumar 7 years, 10 months ago

Hear lectures of "economics on your tips " from you tube on national income. You will surely understand the concept of national income .
https://examin8.com Test

Related Questions

What is deficit ?
  • 1 answers
What is receipt?
  • 0 answers
Explain the limitation of GDP as wellfare
  • 1 answers
Economics project on function of RBI
  • 0 answers
Economic Reforms Since 1991 notes
  • 0 answers
Trends in credit availability
  • 0 answers
Two types of marke diagram and explanation
  • 0 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App