GDP factor cost= ₹400; Depreciation= ₹50; Net Indirect Taxes=20; Net Factor Income from Abroad (NFIA)= 10 Please explain clearly below : Calculate NDP, NNP AT Factor cost and NDP, NNP at Market Price.
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- Which of the following statements is correct? a. GDP at factor cost = Net Value Addition + Depreciation b. GDP at factor cost = Net Value Addition - Depreciation c. GDP at factor cost = Net price increase + indirect tax d. GDP at factor cost = Net price increase + direct taxConsider the following information given for calculation of different national income aggregates: Items Rs in crore Value of output 100000 Depreciation 6000 Indirect Taxes 6000 Subsidies 1000 Intermediate consumption 24000 Value added 76000 What will be the value of GNP at market prices as per the given information? Which of the following will be the value of NNP at market prices? Which of the following will be the value of GNP at factor cost? If disposable income is Rs 500 and saving Rs 100, what will be the average propensity to consume? If MPC= 1/2, what is the value of K (Investment multiplier)? What will be the value of NNP at factor cost as per the given information? What will be the value of GDP at market prices as per given information?Gross Domestic Product - Depreciation = A. Nominal GDP B. Real GDP C. Net Domestic Product D. Per Capita GDP
- Calculate the value of NDPFC if GDPMP is $1200 million, depreciation Is $250 million and the net indirect taxes are $100 million#19 Depreciation is all the following, except Multiple Choice the consumption of fixed capital. the accumulation of capital stock. the difference between gross investment and net investment. the difference between GDP and NDP.PI= NI-retained corporate profits + net transfer payments - indirect tax National income: 19,786Less:Corporate profits with inventory valuation and capital consumptionadjustments -2,771Taxes on production and imports less subsidies -1,182Contributions for government social insurance, domestic -1,541Net interest and miscellaneous payments on assets -644Plus: Personal income receipts on assets 3,202Plus: Personal current transfer receipts 4,617 Personal income equals : ?
- “Total economic value can be determined by active-use value (such as raw timbervalue to use timber as firewood or furniture) and passive use value (such as tree as anoxygen producing system)”. What do you understand from the above statement??Explain in detail.Mineral deposits have significant role on economic development of a country. Explain the economic importance of the mineral deposits in South Africa.Suppose Country A has a NNP of $480 billion. Income receipts from the rest of the world are $26 billion, income payments to the rest of the world are $10 billion, and depreciation is $45 billion. What is the dollar value of consumption expenditure if it accounts for 68% of GDP? Throughout your calculations, round to one decimal place if necessary. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure
- Calculate NDP at FC if GNP at MP is $20,000 depreciation is $5000, net factor income from abroad is $4000 , indirect tax is $3000 and the subsides is $2000Refer to the economic activities information provided and answer the questions that follow Depreciation. 40zmw Receipts of factor income from the rest of the world. 30zmw Government purchases 100zmw Imports 50zmw Payments of factor income to the rest of the world. 50zmw Net private domestic investments. 200zmw Personal income taxes. 120zmw Personal consumption expenditure 600zmw Dividends 20zmw Exports 60zmw Determine the value of GDP NNP NI PI DIWhen we add depreciation to net investment, we arrive at............... what is the answer, we arrive at gross depreciation or gross investment? Step 1 Depreciation: The term depreciation refers to the fall in the monetary value of a commodity over the time period due to the use of the commodity. During the use of commodity, normal wear and tear, and obsolescence is the measure reason for the depreciation of the commodity. Step 2 Gross Investment Is the answer. The gross investment is the investment that encompasses the net investment and depreciation. If the depreciation is removed from the gross investment then the remaining investment will be the net investment. Similarly, if we add the depreciation with the net depreciation then the resulting investment amount will be the gross investment. Gross Investment = Net Investment + Depreciation Step 3 Answer. Gross depreciation.