Net domestic product is equal to gross domestic product net of: OA. Inflation. O B. Indirect taxes. Net factor payments. OD. Depreciation/consumption of fixed capital.
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- Net domestic product is equal to gross domestic product net of... O A. Net factor payments. OB. Indirect taxes. O C. Depletion of fixed capital. O D. Inflation.If depreciation exceeds gross investment, The difference between GDP and NDP is smaller than gross investment. Gross investment is negative. The nation's capital stock is being depleted. O Net investment exceeds depreciation.the following data, calculate a) Gross Domestic Capital Formation b) Wages and Salaries c) Net Domestic Product at Market Price Particulars Mixed Income of Self Employed 2. Rs. In Crores 3500 1. Net Indirect Taxes 3. Government Final Consumption Expenditure 4. Net Exports 5. Consumption of Fixed Capital 6. Net Factor Income from Abroad 7. Operating Surplus (Rent+Interest+Profits) 8. NNP at Factor Cost 9. Profits 10. Private Final Consumption Expenditure | 11000 300 14000 3000 300 700 12000 30000 500
- The value of total goods and services produced entre the country by residence and foreign supplied resources, called Select one: a. Inflation b. National Income c. Gross Domestic Product d. Gross National ProductUsing the following information, calculate the Net Domestic Product at Factor Cost: Government Final Consumption Expenditure 100 Net Indirect Tax 80 Private Final Consumption Expenditure 300 Consumption of Fixed Capital 20 Gross Domestic Fixed Capital Formation 50 Net import 10 Closing stock 25 Opening Stock 25 a. 410 b. 340 c. 380 d. 420Assume there are only two producing sector Y & Z in an economy. Calculate a) Gross value added at market price by each sector b) National income from the followings: Items Amount in Crores Net factor income from abroad- 20 Sales by Y- 1000 Sales by Z- 2000 Change in stock of Z- 200 Closing stock of Y- 50 Opening stock of Y- 100 Consumption of fixed capital by Y & Z- 180 Indirect taxes paid by Y & Z- 120 Purchase of raw material by Y- 500 Purchase of raw material by Z- 600 Exports by Z- 70
- Depreciation 200 Exports 150 public transfer 200 Gross domestic private investment 300 corporate income tax 100 factor receipts from abroad 400 gevenment expenditure on goods and services 250 interest income 800 compensation of employees 2600 net interest on government debit 50 indirect business taxes 100 factor payments to abroad 200 imports 200 proprietors incom(profits) 700 retained corporate profit 200 personal consumption expenditure 4500 personal taxes 100 social security contribution 50 rental income 600. From the above data find personale disposable income.Calculate gross domestic product at factor cost if GDPMP Is $32000 million and net indirect taxes are $18000 millionSa Consumption of Fixed Capital $25 Government Purchases 315 US imports 260 Personal Taxes 45 Transfer Payments 247 US Exports 249 Personal Consumption Expenditures 475 Net Foreign Factor Income Gross Private Domestic Investment 300 Taxes on Production and Imports 245 60 Undistributed Corporate Profits 240 Social Security Contributions 65 Corporate Income Taxes Statistical Discrepancy 40 Refer to the accompanying national income data (in billions of dollars). Gross
- Personal Taxes Net Private Domestic Investment Net Exports National Income U.S. Exports Gross Private Domestic Investment Disposable Income Taxes on Production and Imports Undistributed Corporate Profits Proprietors' Income Net Foreign Factor Income Statistical Discrepancy Multiple Choice Refer to the accompanying national income data. All figures are in billions of dollars. The gross domestic product is O C о $328. $382. $333. $23 33 6 278 20 56 220 32 15 45 0 $301. 0GDP is $5 trillion. Depreciation is $1 trillion. Gross output is $17.25 trillion. What is th value of all stages of production and distribution except for final sales of goods and services?Consumption in the calculation of gross domestic product does not include Consumer services O Consumer durable goods O Purchases of stocks and bonds O Nondurable consumption goods