Calculate net domestic product at factor cost by expenditure method and national income by the value-added method by using the following data:

1. Domestic capital formation 250 cr.

2. Net Exports 50cr.

3. Private final consumption expenditure900 cr.

4. Value of output of

(a) Primary sector 900

(b) Secondary sector 800

(c) Tertiary sector 400

5. Value of intermediate consumption by:

(a) Primary sector 400

(b) Secondary sector 300

(c) Tertiary sector 100

1. Consumption of fixed capital 80cr.

2. Indirect taxes 100 cr.

3. Government final consumption expenditure100 cr.

4. Subsides 10 cr.

5. Net factor income from abroad 20cr.

Answer rating: 100% (QA)

To calculate the net domestic product at factor cost by expenditure method we need to sum up the fol... View the full answer