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Solution:- Calculation of Gross National Product at Market Price GDP at MP = Private Final Consumption Expenditure + Government Final Consumption Expenditure + Net Domestic Fixed Capital Formation + Consumption of Fixed Capital + (Closing Stock – Opening Stock) –…

Solution:- Calculation of Gross National Product at Market Price NDP at FC = Compensation of Employees + Mixed Income + Operating Surplus NDP at FC = ₹ 1,200 + ₹ 500 + ₹ 300 NDP at FC = ₹ 2,000…

Solution:- Calculation of National Income by Expenditure Method GDP at MP = Private Final Consumption Expenditure + Government Final Consumption Expenditure + Gross Domestic Fixed Capital Formation + (Closing Stock – Opening Stock) + Net Exports GDP at MP =…

Solution:- Calculation of National Income NDP at MP = Private Final Consumption Expenditure + Government Final Consumption Expenditure + Net Domestic Fixed Capital Formation + Change in Stock – Net imports NDP at MP = ₹ 600 +  ₹ 200…

Solution:- Calculation of Net National Product at Market Price NDP at FC = Compensation of employees (Wages and Salaries + Social Security contribution by employers) + Mixed Income + Rent + Interest + Profits (Corporation Tax + Dividend + Undistributed…

Solution:- Calculation of Gross National Product at Market Price GDP at MP = Private final consumption expenditure + Government Final Consumption Expenditure + Gross Domestic Capital Formation (Net Domestic Fixed Capital Formation + Depreciation + Closing Stock – Opening Stock)…

Solution:- Calculation of National Income NDP at MP = Private Final Consumption Expenditure + Government Final Consumption Expenditure + Net Domestic Capital Formation – Net imports NDP at MP = ₹ 600 + ₹ 100 + ₹ 110 – ₹…

Solution:- Calculation of Net Domestic Product at Factor Cost (NDP at FC GDP at MP = Private Final Consumption Expenditure + Government Final Consumption Expenditure + Gross Domestic Fixed Capital Formation + (Closing Stock – Opening Stock) – Net Imports…

Solution:- NDP at MP = Private Final Consumption Expenditure + Government Final Consumption Expenditure + Net domestic Fixed Capital Formation + (Closing Stock – Opening Stock) + Net Exports (Exports – Imports) NDP at MP = ₹ 600 + ₹…

Solution:- Calculation of National Income NDP at MP = Private Final Consumption Expenditure + Government Final Consumption Expenditure + Net Domestic Capital Formation + Net Exports NDP at MP = ₹ 600 + ₹ 300 + ₹ 150 + ₹…