From the following data, calculate (a) Gross Domestic Product at Factor Cost
Sandeep Garg . Measurement of national income. Pg. no. 4.42 Q. 15 Part iv. Why are exports included while calculating saving and investment?
differentiate between national income and per capita income. Increase in real per capita income means increase in per capita availability of goods and services. Does it necessarily mean rise in the welfare of the people os the country? Give one argument in support of your answer and explain the same .
calculate net value added at factor cost from the following data:
purchase of intermediate goods 500
import of raw materials 50
net indirect tax 60
change in stock (-30)
what is the difference between national income and private income
explain how externalities is a limitation as taking gdp as a index of welfare ?
calculate private income and personal disposable income?
1) income from property and enterprenership accuring to govt administrative department 500 crores
2) saving of non departmental public enterprises 100 crores
3) corporation tax 80 crores
income from domestic product accuring to private sector 4500 crores
current transfer from govt administrative department 200 crores
net factor income from abroad -50 crores
direct personal taxes 150 crores
indirect tax 220 crores
current transfer from rest of the world sector 80 crores
savings of private corporate sector 500 crores
What is the meaning of national income and its various concepts?
what is double counting and who we avoid them
calculate GNP AT factor cost :::
1. GNP at market price 97000 crores
2. subsidies 9000 crores
3. indirect taxes 12000 crores
Difference between Net exports and NFIA :
Net exports : It includes non factor services
NFI from A : It includes factor services.
formulas of calculating national income
I'm using SANDEEP GARG - INTRODUCTORY TO MACRO ECONOMICS CLASS 12!
In the National income and its related aggregates lesson, its difficult for me to find out answers for the unsolved problems.
Can anyone give me the link for the Solutions for the above mentioned book ?
What is the formula for Gross National Disposable Income(GNDI)
What is savings of non-departmental enterprises?
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