4. From the following data, calculate national income by valued added (net output) method(Rs. In crores)Value of outputPrimary SectorSecondary Sector1200900Tertiary Sector700Intermediate Consumption ofPrimary SectorSecondary SectorTertiary SectorNet factor income from abroadConsumption of fixed capitalIndirect taxesSubsidies10030020025753010

Product or value added method is a way of computing the national income of a country. This system is…

4. From the following data, calculate national income by valued added (net output) method (Rs. In crores) Value of output Primary Sector Secondary Sector 1200 900 Tertiary Sector Intermediate Consumption of 700 Primary Sector Secondary Sector 100 300 Tertiary Sector 200

4. From the following data, calculate national income by valued added (net output) method (Rs. In crores) Value of output Primary Sector Secondary Sector 1200 900 Tertiary Sector Intermediate Consumption of 700 Primary Sector Secondary Sector 100 300 Tertiary Sector 200

MACROECONOMICS

14th Edition

ISBN:9781337794985

Author:Baumol

Publisher:Baumol

Chapter8: Aggregate Demand And The Powerful Consumer

Section8.A: National Income Accounting

Problem 3TY

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Question

4. From the following data, calculate national income by valued added (net output) method
(Rs. In crores)
Value of output
Primary Sector
Secondary Sector
1200
900
Tertiary Sector
700
Intermediate Consumption of
Primary Sector
Secondary Sector
Tertiary Sector
Net factor income from abroad
Consumption of fixed capital
Indirect taxes
Subsidies
100
300
200
25
75
30
10

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