12th Class Economics Solved Paper - Economics 2011 Delhi Set-III

  • question_answer
    Calculate Net National Product at market Price and Gross National Disposable Income:
    S. No. Items (Rs. Arab)
    (i) Consumption of fixed capital 40
    (ii) Change in stocks (-) 10
    (iii) Net imports 20
    (iv) Gross domestic fixed capital formation 100
    (v) Private final consumption expenditure 800
    (vi) Net current transfer to rest of the world 5
    (vii) Government final consumption expenditure 250
    (viii) Net factor income to abroad 40
    (ix) Net indirect tax 130

    Answer:

    Expenditure Imports
    \[~GDP=P+G+I+(X-M)\]
    \[=800+250+(100-10)-20\]
    \[=1050+90-20\]
    \[=1140-20\]
    = Rs. 1120 Arab
    \[NN{{P}_{mp}}\] = \[GD{{P}_{mp}}\] - Dep + NFIA
    \[=1120-40-40\]
    \[=1120-80\]
    = Rs. 1040 Arab


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