On the basis of given information find out the Net Domestic Product atFactor Cost:-Rs.Gross Domestic Product at Market Price 800Depreciation 90Indirect Tax 120Subsidy 30

22. Calculate from the data given below: [6](a) Net Domestic Product at factor cost by the production method.(b) Net National Product at factor cost by the expenditure method.( ₹ in crore)(i) Purchase of raw materials and services from other firms 250(ii) Value of output 770(iii) Indirect taxes 75(iv) Subsidies 15(v) Consumption of fixed capital 10(vi) Net factor income from abroad (-) 5(vii) Opening stock 15(vi) Closing stock 5(vii) Gross domestic capital formation 40(viii) Private final consumption expenditure 455(ix) Government final consumption 25(x) Net exports 10Q 23. Calculate (a) Gross domestic product at market price, and (b) Factor income from abroad from thefollowing data: [6]( ₹ in crores)(i Profits 500

Calculate the Net National Product at market price : [3]( ₹ in Crores)(i) Mixed income of self-employed 8,000(ii) Depreciation 200(iii) Profit 1,000(iv) Rent 600(v) Interest 700(vi) Compensation of employees 3,000(vii) Net indirect taxes 500(viii) Net factor income to abroad 60(ix) Net exports (-) 50

. Distinguish between Gross Domestic Product at Market Price and Net Domestic Product at Marke

The Total Cost of your product is computed by getting the sum of your Direct and Indirect Costs1 puntoTrueFalse

The expenditure method of calculating Gross Domestic Product is:Question 43Select one:a.summing up the value of all purchases/expenditures made by final consumers (households).b.the amounts of goods and services that will be supplied by producers at various price levels during a given period.c.summing the total employment, consumer incomes, and general price levels for the entire economy.d.summing up all the incomes earned in the factor markets including wages and salaries, interest, rents, and profits minus business taxes, capital consumption, and U.S. income earned overseas. e.the amounts of goods and services that households, businesses, and government are willing to purchase at various price levels during a given period.