Calculate GDP at market price and National Income (NI) from the following data Items RS Personal Consumption expenditure 2800 Indirect tax 118…
BIT Economics · 2081 · Solved Question with Answer
Calculate GDP at market price and National Income (NI) from the following data
| Items | RS |
|---|---|
| Personal Consumption expenditure | 2800 |
| Indirect tax | 118 |
| Government expenditure | 2000 |
| Closing stock | 180 |
| Gross private domestic fixed investment | 1300 |
| Export | 1000 |
| Net factor income from abroad | -100 |
| Inputs | 1100 |
| Depreciation | 190 |
| Opening Stock | 105 |
| Subsidies | 70 |