Question

Q5. Calculate GNP<sub>FC</sub> from the following data by Expenditure Method. S.No Content Rs (in crores) 1. Private final consumption expenditure 1000 2. Net domestic capital formation 200 3. Government final consumption expenditure 500 4. Consumption of fixed capital 60 5. Interest 150 6. Rent 250 7. Net factor income from abroad (-) 10 8. Net exports (-)20 9. Net indirect taxes 80

          Q5. Calculate GNP<sub>FC</sub> from the following data by Expenditure Method.
S.No
Content
Rs (in crores)
1.
Private final consumption expenditure
1000
2.
Net domestic capital formation
200
3.
Government final consumption expenditure
500
4.
Consumption of fixed capital
60
5.
Interest
150
6.
Rent
250
7.
Net factor income from abroad
(-) 10
8.
Net exports
(-)20
9.
Net indirect taxes
80

Q5. Calculate GNP<sub>FC</sub> from the following data by Expenditure Method.
S.No
Content
Rs (in crores)
1.
Private final consumption expenditure
1000
2.
Net domestic capital formation
200
3.
Government final consumption expenditure
500
4.
Consumption of fixed capital
60
5.
Interest
150
6.
Rent
250
7.
Net factor income from abroad
(-) 10
8.
Net exports
(-)20
9.
Net indirect taxes
80

Added by Michael C.

Principles of Economics

Gregory Mankiw 8th Edition

Instant Answer

Solved by Expert Akash M

Step 1

Step 1: Compute gross domestic capital formation (gross investment) = Net domestic capital formation + Consumption of fixed capital = 200 + 60 = 260 (Rs in crores). Show more…

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