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Calculate the (A) Net National Product as Markets Price. and (B) Gross National Disposable Income: Mixed Income of Self – Employed Rent Profit Dividend Interest Mixed Income of Self- Employed - CBSE (Arts) Class 12 - Economics

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Question

Calculate the (a) Net National product as markets price. and (b) Gross National Disposable Income:

  (Rs In crores)
(i) Mixed income of self – employed 8,000
(ii) Rent 400
(iii) Profit 900
(iv) Dividend 100
(v) Interest 500
(vi) Mixed income of self- employed 7,000
(vii) Net factor income to abroad 50
(viii) Net export 60
(ix) Net indirect taxes 300
(x) Depreciation 150

Solution

Net National Product at Market Price = Compensation of employees + Rent + Interest + Profit + Mixed income of self-employed - Net factor income to abroad + Net Indirect Taxes

Net National Product at Market Price = 3,000 + 600 + 700 + 1,000 +8,000 – 60 + 500

Net National Product at Market Price = Rs 13,740

Gross National Disposable Income = Net National Product at Market Price – Net current transfers to abroad + depreciation 

Gross National Disposable Income =13,740 – 20 + 200

Gross National Disposable Income = Rs 13,920

  Is there an error in this question or solution?
Solution Calculate the (A) Net National Product as Markets Price. and (B) Gross National Disposable Income: Mixed Income of Self – Employed Rent Profit Dividend Interest Mixed Income of Self- Employed Concept: Concept of National Income.
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