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Calculate GNP at MP from the …

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Calculate GNP at MP from the data by income and expenditure method. (6 ) Particulars Value in (in Crores) 1. Gross Domestic Capital Formation 560 2. Corporation Tax 50 3. Mixed Income of self employed 510 4. Interest 100 5. Rent 80 6. Undistributed Profit 150 7. Dividend 70 8. Employers’ contribution to social security scheme 120 9. Compensation of employees 1500 10. Change in Stock 40 11. Private Final Consumption Expenditure 1330 12. Govt. Final Consumption Expenditure 730 13. Net Exports (-) 10 14. Net Factor Income from abroad 20 15. Consumption of Fixed Capital 50 16. Net Indirect Taxes 100
  • 1 answers

Divya Jain 4 years, 1 month ago

By Income Method - GNP at MP = 510+50+100+80+150+70+1,500+50+20+100= 2,630 By Expenditure Method - GNP at MP = 560+1,330+730-10+20=2,630
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