Gross Domestic Product Sample Assignment
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Rs. in Croces
(i) Compensation of employees 13,363
(ii) Government final consumption expenditure 3,801
(iii) Indirect taxes 3,864
(iv) Gross fixed capital formation 6,305
(v) Mixed income of the self-employed 16,112
(vi) Interest, rent android 5,044
(vii) Change in stocks 1,039
(viii) Exports of goods and services 1,771
(ix) Imports of goods and services 1,816
(x) Private final consumption expenditure 29,163
(xi) Net factor income from abroad Subsidies (-) 284
(xii) Subsidies 337
(xiii) Consumption of fixed capital 2,21 7
Solution:
(a)Gross domestic product at market = Compensation of employees + Operating
Surplus (interest, rent and profit)+Mixed
Income of self-employed + Consumption of
Fixed capital + Indirect taxes- Subsidies
= 13,363 + 5,044 +16,112 + 2,217 +3, 864
- 337 = 40,263 (Rs. In crores)
(b)Gross domestic product at market = Government final consumption expenditure
Prices (by expenditure method) +Private final consumption expenditure +
Gross fixed capital formation +Change in
Stocks + Exports of goods and services-
Imports of goods and services
= 3,801 + 29,163 +6,305 + 1,039 +1,771
- 1,816 =40,263 (Rs in crores)
GDPFC = GDPMP- Indirect taxes +Subsidies
= 40,263-3,864 +337 =Rs. 36,736 crores.
GNPMP= GDPMP +NFIA
= 40,263 +(-284) =Rs, 39,979 crires
NNPFC=GDPFC +NFIA –Depreciation
= 36,736 + (-284) -2.217
= Rs. 34,235 crores.
NNPMP=GNPMP – Depreciation
= 39,979 – 2,217 = Rs 37,762 crores.
Gross Domestic Product Sample Assignment
Calculate (a) gross domestic product at market prices by income method and (b) by expenditure method from the following data. Also calculate GDPFC, GNPMP, NNPFC and NNPMP.Rs. in Croces
(i) Compensation of employees 13,363
(ii) Government final consumption expenditure 3,801
(iii) Indirect taxes 3,864
(iv) Gross fixed capital formation 6,305
(v) Mixed income of the self-employed 16,112
(vi) Interest, rent android 5,044
(vii) Change in stocks 1,039
(viii) Exports of goods and services 1,771
(ix) Imports of goods and services 1,816
(x) Private final consumption expenditure 29,163
(xi) Net factor income from abroad Subsidies (-) 284
(xii) Subsidies 337
(xiii) Consumption of fixed capital 2,21 7
Solution:
(a)Gross domestic product at market = Compensation of employees + Operating
Surplus (interest, rent and profit)+Mixed
Income of self-employed + Consumption of
Fixed capital + Indirect taxes- Subsidies
= 13,363 + 5,044 +16,112 + 2,217 +3, 864
- 337 = 40,263 (Rs. In crores)
(b)Gross domestic product at market = Government final consumption expenditure
Prices (by expenditure method) +Private final consumption expenditure +
Gross fixed capital formation +Change in
Stocks + Exports of goods and services-
Imports of goods and services
= 3,801 + 29,163 +6,305 + 1,039 +1,771
- 1,816 =40,263 (Rs in crores)
GDPFC = GDPMP- Indirect taxes +Subsidies
= 40,263-3,864 +337 =Rs. 36,736 crores.
GNPMP= GDPMP +NFIA
= 40,263 +(-284) =Rs, 39,979 crires
NNPFC=GDPFC +NFIA –Depreciation
= 36,736 + (-284) -2.217
= Rs. 34,235 crores.
NNPMP=GNPMP – Depreciation
= 39,979 – 2,217 = Rs 37,762 crores.
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