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National Income Accounting
Question
Wired Faculty App

Calculate sales from the following data: 
                                                          (र in lakhs)
(i) Net value added at FC                              300
(ii) Intermediate consumption                       200
(iii) Indirect tax                                              20
(iv) Depreciation                                            30
(v) Change in stocks                                     (-) 50

Answer

Gross value added at MP = Sales + Change in stocks - Intermediate consumption
Sales = (NVA at FC + Depreciation + Indirect tax) - Change in stocks + Intermediate consumption
         = (300 + 30 + 20) - (-50) + 200
        = र 600 lakhs.

Sponsor Area

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Flow and Stock Concepts

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

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Briefly explain the following basic concepts related to NI:
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