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

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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:

1. Gross Domestic Product at Market Price, and
2. Factor Income to Abroad from the following data:
   

   S.No.	Contents	(in crores)
   (i)	Compensation of Employees	1000
   (ii)	Net Exports	(-)50
   (iii)	Profits	400
   (iv)	Interest	250
   (v)	Rent	150
   (vi)	Gross National Product at Factor Cost	1850
   (vii)	Gross Domestic Capital Formation	220
   (viii)	Net Fixed Capital Formation	150
   (ix)	Change in Stock	20
   (x)	Factor Income From Abroad	30
   (xi)	Net Indirect Taxes	100

  

Calculate Indirect Taxes from the following data:

Particulars	Rs. in crores
(i) NDP at FC (ii) Subsidies (iii) Factor income from abroad (iv) Consumption of Fixed Capital (v) Factor income to abroad (vi) GNP at MP	55,915 1,540 635 1,625 865 58,350

Calculate the net value added at the market price of a firm:

Items	Amount
Sale Change in stock Depreciation Net indirect taxes Purchase of machinery Purchase of an intermediate product	400 -20 30 40 200 250

1. 110

2. 125

3. 220

4. 2150

5. 1950, 30

6. 1040

7.