Test numerical ch 4 macro
If Real GDP=600 and nominal GDP=660,find GDP deflator. Q. If the Real GDP is Rs 520 and Nominal GDP is Rs 650, calculate the Price Index o(base=100). Q. If Real GDP is Rs 200 and Price Index (with base = 100) is 110, calculate Nominal GDP. National Income by Value Added Method 3 mins readL From the following data, calculate National Income by Income method and Expenditure method: Item Rs. in crores (i) Compensation of employees 700 (ii) Government final consumption expenditure 750 (iii) Net factor income from abroad (-) 10 (iv) Net exports (-) 15 (v) Profits 600 (vi) Net indirect taxes 60 (vii) Mixed income of self-employed 350 (viii) Rent 200 (ix) Interest 310 (x) Private final consumption expenditure 1100 (xi) Net domestic capital formation 385 (xii) Consumption of fixed capital 65 Calculate: Gross Domestic Product at Market Price, and Factor Income to Abroad from the following data: S.No. Contents (in crores) (i) Compensation of Employees 10...