Calculate 'Net National Product at Market Price' and 'Gross National Disposable Income' from the following :
Calculate 'Net National Product at Market Price' and 'Gross National Disposable Income' from the following :
| Items | (Rs. in Arab) |
| (i) Closing stock | 10 |
| (ii) Consumption of fixed capital | 40 |
| (iii) Private final consumption expenditure | 600 |
| (iv) Exports | 50 |
| (v) Opening Stock | 20 |
| (vi) Government final consumption expenditure | 100 |
| (vii) Imports | 60 |
| (viii) Net domestic fixed capital formation | 80 |
| (ix) Net current transfers to abroad | (-) 10 |
| (x) Net factor income to abroad | 30 |
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(i) Net National Product at Market Price (NNPMMP)
=Private final consumption expenditure + Government final consumption expenditure + Net domestic fixed capital formation + Change in stock (Closing stock-opening stock) + Net Exports (Exports-Imports) - Net factor income to abroad
=600+100+80+(10-20)+50-60-30
=780-50
=Rs. 730 Arab
(ii) Gross National Disposable Income (GNDI)
=NNPMP+Consumption of fixed capital -Net current transfers to abroad
=730+40-(-10)
=Rs. 780 Arab.
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