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in Economics by (52.9k points)

Find out (a) Net National Product at Market Price and (b) Gross National Disposable Income:

(Rs. in crore)
(i) Net Current Transfers from Abroad (-) 10
(ii) Wages and Salaries 1,000
(iii) Net Factor Income to Abroad (-) 20
(iv) Social Security Contributions by Employers 100
(v) Net Indirect Tax 80
(vi) Rent 300
(vii) Consumption of Fixed Capital 120
(viii) Corporation Tax 50
(ix) Dividend 200
(x) Undistributed profits 60
(xi) Interest 400

1 Answer

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Best answer

(i)  NNPMP= (ii) + (iv) + (vi) + (xi) + (viii) +(ix) + (x) + (v) - (iii)

=1,000+100+300+400+50+200+60+80-(-20)

=Rs.2,210 crore

(ii) GNDI = NNPMP+(vii) + (i)

=2,210+120+(-10)

=Rs.2,320 crore

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