CBSE 2017 Class 12 Economics Outside Delhi Set-2

Question : 4

Total: 4

Calculate the (a) Net National Product at market price, and (b) Gross National Disposable Income :

(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
(x)	Net current transfers to abroad	20

Solution:

‌NNP‌mp ‌= Net national product at market price
‌NDPfc=COE+MI+OS ( Rent + interest + profit )
‌=(vi)+(i)+(iv)+(v)+(iii)
‌=3,000+8,000+600+700+1,000
‌=₹13,300‌ crores ‌
(b) NNP‌mp ‌‌=NDPfc−(‌ viii) ‌+(‌ vii) ‌
‌=₹13,300−60+500
‌=₹13,740‌ crores ‌

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