Question
On the basis of following data, calculate GDP at MP
(र in crores)
(i) Govt. purchase of goods and services 400
(ii) Private consumption expenditure 16,00
(iii) Gross business fixed investment 300
(iv) Inventory investment 40
(v) Residential construction investment 20
(vi) Public investment 100
(vii) Exports 100
(viii) Imports 120
Solution
GDPMP = (ii) + (i) + (iii + iv + v + vi) + (vii - viii)
= 1600 + 400 + (300 + 40 + 20 + 100) + (100 - 120)
= 1600 + 400 + 460 - 20 = 2,440 crores