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Non-Competitive Markets

Question
CBSEENEC12012628

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

 

Solution

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