National Income Accounting

Question

Calculate NDP at FC from the following data:   

   

(र in crores)

(i)

Private final consumption expenditure

400

(ii)

Gross domestic capital formation

20

(iii)

Change in stocks

20

(iv)

Direct purchases from abroad by residents households

50

(v)

Net indirect taxes

60

(vi)

Net factor income from abroad

10

(vii)

Direct purchase by non-residents in domestic market

150

(viii)

Net exports

- 20

(ix)

Consumption of fixed capital

20

(x)

Government final consumption expenditure

100

Answer

GDP at MP = 400 + 100 + 50 - 150 - 20 + 100 = 480 crores
NDP at FC = 480 - 60 - 20 = 400 crores

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