Calculate GNP at MP by (a) income method, and (b) expenditure method.
|
(र in crores) |
|||||
|
Set I |
Set II |
Set III |
|||
|
(i) |
Net exports |
10 |
10 |
10 |
|
|
(ii) |
Rent |
20 |
20 |
20 |
|
|
(iii) |
Private final consumption expenditure |
400 |
400 |
400 |
|
|
(iv) |
Interest |
30 |
30 |
30 |
|
|
(v) |
Dividends |
45 |
45 |
45 |
|
|
(vi) |
Undistributed profits |
5 |
5 |
5 |
|
|
(vii) |
Corporate taxes |
10 |
10 |
10 |
|
|
(viii) |
Government final consumption expenditure |
100 |
100 |
100 |
|
|
(ix) |
Net domestic capital formation |
50 |
50 |
50 |
|
|
(x) |
Compensation of employees |
400 |
400 |
400 |
|
|
(xi) |
Consumption of fixed capital |
10 |
20 |
10 |
|
|
(xii) |
Net indirect taxes |
50 |
40 |
50 |
|
|
(xiii) |
Net factor income from abroad |
-10 |
10 |
-20 |
|
(a) GNP at MP (Income method)
Set I = 20 + 30 + 45 + 5 + 10 + 400 + 10 + 50 + (-10)
= 560 crores
Set II = 20 + 30 + 45 + 5 + 10 + 400 + 20 + 40 + (10)
= 580 crores
Set III = 20 + 30 + 45 + 5 + 10 + 400 + 10 + 50 + (-20)
= 550 crores
(b) GNP at MP (Expenditure method)
Set I = 10 + 400 + 100 + 50 + 10 + (-10) = 560 crores
Set II = 10 + 400 + 100 + 50 + 20 + 10 = 590 crores
Set III = 10 + 400 + 100 + 50 + 10 + (-20) = 550 crores
