Pls anwer this.....

Dear Student
Production method
GDPMP = (Value of output of primary sector + value of output of secondary sector + value of output of service sector) - (Value of intermediate consumption of primary and secondary sector +  Value of intermediate consumption of service sector )
            = ( 22000+8000+4000) - ( 12000+5000)
            = 34000 - 17000
GDPMP = 17000
National income (NNPFC) = GDPMP - depreciation  +net factor income from abroad -indirect taxes + subsidies
                                          = 17000 - 1200 + (-500) - 4000 +2200
                                          = 19200-  5700
Natinal income                   = 13500

Income method
National income (NNPFC) = Compensation of employees + Income from property and enterprises + mixed income of self employed +net factor income from abroad
National income (NNPFC)  = 6000 +5000 + 3000 + (-500)
National income (NNPFC) = 13500

Regards


 

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