Economics20785 marksNumerical: GDP GNP NNP calculationExpenditure approach to GDP calculation
Find the GDPMP, GNPM, and NNP from the following information. | Items | (Rs in crores) | |---|---| | Gross fixed domestic capital formation | 200 | | Net exports | (-14) | | Net indirect taxes | 94 | | Net changes in stock | 26 | | Private final consumption expenditure | 500 | | Government's final c
Find the GDPMP, GNPM, and NNP from the following information.
| Items | (Rs in crores) |
|---|---|
| Gross fixed domestic capital formation | 200 |
| Net exports | (-14) |
| Net indirect taxes | 94 |
| Net changes in stock | 26 |
| Private final consumption expenditure | 500 |
| Government's final consumption expenditure | 150 |
| Net factor income from abroad | 50 |
| Capital consumption allowance | 80 |
[5]
- Gross fixed domestic capital formation = 200 - Net exports (X − M) = −14 - Net indirect taxes (NIT) = 94 - Net changes in stock = 26 - Private final consumption expenditure (C) = 500 - Government's final consumption expenditure (G) = 150 - Net factor income from abroad (NFIA) = 50 - Capital con...