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National Income Accounting
Question
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From the following transactions find out NNP.

   

(र)

(i)

Household expenditure on consumption

1,00,000

(ii)

Government expenditure on consumption

12,500

(iii)

Gross capital formation

25,000

(iv)

Depreciation

6,000

(v)

Exports

6,000

(vi)

Imports

9,000

(vii)

Net earned income from abroad

750

 

Answer

GDPMP = (i) + (ii) + (iii) + (v) - (vi)
= 1,00,000 + 12,500 + 25,000 + 6,000 - 9,000
= 1,34,500
NNPMP = GDPMP - (iv) + (vii)
= 1,34,500 - 6,000 + 750
= 1,29,250

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Briefly explain the following basic concepts related to NI:
Gross Investment and Net Investment

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Domestic (Economic) Territory

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Briefly explain the following basic concepts related to NI:
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