a. NNPmp = compensation of enployees+ Operating surplus+mixed income+(Indirect tax - subsidies)-net factor income to abroad.
=1400+200+600(100-20) - 10
=2200+80-10
=₹2270 crores
b. Private income= NNPmp- net indirect tax- domestic product accruing to government- net current transfers to abroad+national debt interest+current transfers by government.
=2270-(100-20)-350-30+70+50
=₹1930 crores
1,320 crore s2 Calculate (a) 'Net National Product at Market Price' and (b) 'Private 100 from...
15. Calculate National Income and Private Income from the following data: R (in crores) 25 Items 1. Current transfers by government 18. 2. Net domestic product at factor cost accruing to the government 90 200 -50 3. Govt. final consumption expenditure 4. Net exports 5. National debt interest 6. Net domestic capital formation 7. Consumption of fixed capital 8. Net 60 100 30 factor income paid to abroad 20 600 9. Private final consumption expenditure 10. Net indirect tax 11....
1. a.) From the following data, calculate national income by income method Items (Units of m) Compensation of employees 800 Mixed income of self-employed 900 Net factor income from abroad - 50 Rent 350 Profit 600 Consumption of fixed capital 200 Net indirect taxes 250 Interest 450 Operating Surplus 1400
Referring to the table below, fill in the missing data for the country of Birchwood. 500 Expenditures Consumption Gross investment Government spending Net exports 400 130 205 105 Incomes Compensation of employees Gross operating surplus Gross mixed income xes subsidies on production Indirect taxes (net of subsidies) Gross domestic income at market prices B5 45 55 Gross domestic product at market prices Less depreciation Less indirect taxes (net of subsidies) Net domestic product at basic prices 35 55 Less depreciation...
IN one country applies the following for the national accounts: - Gross domestic product (GDP): 4900 - Income from abroad (net): 150 - Capital income from abroad (net): 170 - Transfers from abroad (net): -20 - Private consumption: 3580 - Investments including inventory investments: 950 - Public consumption: 1010 Calculate the current account!
Questions 1-5 Pica's National Data in 2019 (billions of dollars) 140 100 480 280 80 45 30 40 Exports Gross rental income Government expenditures Net investment Imports Indirect Taxes less subsidies Depreciation of capital assets Income of Pica citizens working abroad Income of non-residents working in Pica Personal Income taxes Net foreign income Wages and salaries Personal consumption expenditures Corporate Profits before taxes Government Transfers to persons Corporate income taxes Undistributed corporate profits 35 60 220 800 1000 130 50...
In the table, you find figures taken from some Country’s national accounts for the 2018 fiscal year. Figures are in billions of dollars. Find: a) Savings b) Private Savings c) Net Government Income d) Gross National Product e) Net Exports f) Government Interest Payments g) Current Account Balance Variables: Values: Y(GDP) 2000 NFP (Net Factor Payment) 100 C (Consumption) 1400 G (Government Expenditure) 200 PDI (Personal Disposable Income) 1600 I (Investment) 160 T (Taxes) 640 TR (Government Transfers) 130
Question 3: National Accounting (20 Marks) In Table 2 you find figures taken from some Country's national accounts for the 2018 fiscal year. Figures are in billions of dollars. Find: a) Savings b) Private Savings c) Net Government Income d) Gross National Product e) Net Exports f) Government Interest Payments g) Current Account Balance Variable Y (GDP) NFP (Net Factor Payments) C (Consumption) G (Government Expenditures) PDI (Personal Disposable Income) I (Investment) T (Taxes) TR (Government Transfers) Value 2000 100...
Question 2 Consider the following partial information from the national income and product accounts data for the state of Kiribati. Item $ 000 Item $'000 Depreciation ......... 105 Social security payments ............... 238 Wages... 1239 Indirect business taxes..... 371 Corporate profits ... 161 Gross private domestic investment 595 Personal taxes 392 Rental income ......... 21 Proprietor's income 168 Imports ................. Consumption .......... 1377 Net interest Exports ........... 133 Factor income paid abroad.............. Government purchases 448 22 Factor income received from...
5. Suppose a nation’s net domestic (national) product at factor cost equaled last year $ 5.500 billion. Indirect taxes minus subsidies equaled $450.00 billion, depreciation equaled $1,150 billion, and net operating surplus was $350 billion; the statistical discrepancy equaled zero. So the country’s GDP was: $ 5,500 billion $ 5,950 billion $ 7,100 billion $ 7,450 billion
How to calculate 2014, 2015 GDP? Also the net domestic product of 2014, 2015. Answers should be: (2014 GDP: $17,651, 2015 GDP: $18,290 , 2014 dp: a. $14,906, 2015 dp: e. $15,460 ) Table 2.2: U.S. 2014-2015 Domestic Income (S billions) 2014 9,2649,704 7,487 1,777 1,210,238 2015 Compensation of employees, paid Wages and salaries Supplements to wages and salaries 7,866 1,838 Business taxes 57 4,489 4,509 20 2,745 57 4,575 4,593 19 2,831 Business subsidieS Net operating surplus Private enterprises...