calculate national income by expenditure and output method
gross domestic capital formation 250 crores
net exports = -250 crores
private final consumtion expenditure 1000 crores
value of output of primary sector 900
value of output of secondary sector 800
value of output of tertiary sector 400
intermediate consumtion of primary sector 400 crores
intermediate consumption of secondary sector 300
intermediate consumption of tertiary sector 100
consumption of fixed capital 80
indirect taxes 100
govt final consumtion expenditure 100
subsidies 10
net factor income from abroad -20 crores
The answer provided by Bhumika is correct. However, in calculation of national income by Expenditure Method,
the formula given, GDPMP=C+I+G+X-M is inappropriate here.
The correct formula is just
= private final consumption expenditure+ gross domestic capital formation+ government final consumption expenditure
+ net exports
