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    N Income Income and Exp Method New

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    J.Abishek Sundar
    1. The document provides 11 numerical problems related to calculating national income and its components using the income and expenditure methods. It gives various economic data and asks to find missing values. 2. For each problem, various economic components are given such as national income, private consumption, capital formation, taxes, exports etc. The problems require calculating missing values based on the accounting identity that total income must equal total expenditure in an economy. 3. The document aims to help students practice calculating national income and its components using different data sets for each problem, requiring the application of the income and expenditure methods.

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    N Income Income and Exp Method New

    Uploaded by

    J.Abishek Sundar
    34 views6 pages
    1. The document provides 11 numerical problems related to calculating national income and its components using the income and expenditure methods. It gives various economic data and asks to find missing values. 2. For each problem, various economic components are given such as national income, private consumption, capital formation, taxes, exports etc. The problems require calculating missing values based on the accounting identity that total income must equal total expenditure in an economy. 3. The document aims to help students practice calculating national income and its components using different data sets for each problem, requiring the application of the income and expenditure methods.

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    These are related to Economics please allow us to download the books

    Original Title

    N INCOME INCOME AND EXP METHOD NEW

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    1. The document provides 11 numerical problems related to calculating national income and its components using the income and expenditure methods. It gives various economic data and asks to find missing values. 2. For each problem, various economic components are given such as national income, private consumption, capital formation, taxes, exports etc. The problems require calculating missing values based on the accounting identity that total income must equal total expenditure in an economy. 3. The document aims to help students practice calculating national income and its components using different data sets for each problem, requiring the application of the income and expenditure methods.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    34 views6 pages

    N Income Income and Exp Method New

    Uploaded by

    J.Abishek Sundar
    1. The document provides 11 numerical problems related to calculating national income and its components using the income and expenditure methods. It gives various economic data and asks to find missing values. 2. For each problem, various economic components are given such as national income, private consumption, capital formation, taxes, exports etc. The problems require calculating missing values based on the accounting identity that total income must equal total expenditure in an economy. 3. The document aims to help students practice calculating national income and its components using different data sets for each problem, requiring the application of the income and expenditure methods.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 6

    NATIONAL INCOME – NUMERICALS

    1. Find National income by (a) Income method and expenditure method.


    i. Mixed income of the self- employed 700
    ii. Compensation of employees 1200
    iii. Private final consumption expenditure 2000
    iv. Net factor income from abroad (-) 20
    v. Net indirect taxes 120
    vi. Consumption of fixed capital 130
    vii. Net domestic capital formation 770
    viii. Net exports (-) 30
    ix. Rent 400
    x. Interest 620
    xi. Government final consumption expenditure 1100
    xii. Profit 800
    Ans Rs.3700 Crores

    2. Calculate ‘‘Gross value of output’’ from the following data :


    values Rs.crores
    (i) Net value added at factor cost 100
    (NVAFC)

    (ii) Depreciation 30

    (iii) Subsidies 5

    (iv) Intermediate consumption 185

    3. Given the following data, find the missing values of ‘Private Final
    Consumption Expenditure’ and ‘Operating surplus’.
    S. No. Particulars Amount (in ` crores)
    (i) National Income 50,000

    (ii) Net Indirect Taxes 1,000

    (iii) Private Final Consumption Expenditure ?

    (iv) Gross Domestic Capital Formation 17,000

    (v) Profits 1,000

    (vi) Government Final Consumption Expenditure 12,500

    (vii) Wages & Salaries 20,000


    (viii) Consumption of Fixed Capital 700

    (ix) Mixed Income of Self Employed 13,000

    (x) Operating Surplus ?

    (xi) Net Factor Income from Abroad 500

    (xii) Net Exports 2,000

    4.Given the following data, find the missing value of ‘Government Final

    Consumption Expenditure’ and ‘Mixed Income of Self Employed’.

    S. No. Particulars Amount (in `crores)

    (i) National Income 71,000

    (ii) Gross Domestic Capital Formation 10,000

    (iii) Government Final Consumption Expenditure ?

    (iv) Mixed Income of Self-Employed ?

    (v) Net Factor Income from Abroad 1,000

    (vi) Net Indirect Taxes 2,000

    (vii) Profits 1,200

    (viii) Wages and Salaries 15,000

    (ix) Net Exports 5,000

    (x) Private Final Consumption Expenditure 40,000

    (xi) Consumption of Fixed Capital 3,000

    (xii) Operating Surplus 30,000


    5.Given the following data, find the missing values of ‘Gross Domestic Capital

    Formation’ and ‘Wages and Salaries’.

    S. No. Particulars Amount (in Cr. `)

    (i) Mixed Income of Self Employed 3,500

    (ii) Net Indirect Taxes 300

    (iii) Wages & Salaries ?

    (iv) Government Final Consumption Expenditure 14,000

    (v) Net Exports 3,000

    (vi) Consumption of Fixed Capital 300

    (vii) Net Factor Income from Abroad 700

    (viii) Operating Surplus 12,000

    (ix) National Income 30,000

    (x) Profits 500

    (xi) Gross Domestic Capital Formation ?

    (xii) Private Final Consumption Expenditure 11,000

    6.Given the following data, find the values of ‘‘Gross Domestic Capital

    Formation’’ and ‘‘Operating Surplus’’.

    S. No. Particulars Amount (< in crores)

    (i) National Income 22,100

    (ii) Wages and Salaries 12,000

    (iii) Private Final Consumption Expenditure 7,200

    (iv) Net Indirect Taxes 700

    (v) Gross Domestic Capital Formation ?

    (vi) Depreciation 500

    (vii) Government Final Consumption Expenditure 6,100


    (viii) Mixed Income of Self-Employed 4,800

    (ix) Operating Surplus ?

    (x) Net Exports 3,400

    (xi) Rent 1,200

    (xii) Net Factor Income from Abroad (- ) 150

    7.Given the following data, find the values of ‘‘Gross Domestic Capital
    Formation’’ and ‘‘Operating Surplus’’.
    S. No. Particulars Amount(Rs. in crores)
    (i) National Income 22,100
    (ii) Wages and Salaries 12,000
    (iii) Private Final Consumption Expenditure 7,200
    (iv) Net Indirect Taxes 700
    (v) Gross Domestic Capital Formation ?
    (vi) Depreciation 500
    (vii) Government Final Consumption Expenditure 6,100
    (viii) Mixed Income of Self-Employed 4,800
    (ix) Operating Surplus ?
    (x) Net Exports 3,400
    (xi) Rent 1,200
    (xii) Net Factor Income from Abroad (- ) 150

    8.Given the following data, find the values of ‘Government Final


    Consumption Expenditure’ and ‘Mixed Income of Self-Employed’ :
    S.No. Particulars Amount (in Rs. Crores)
    i National Income 7,100
    ii Government Final Consumption Expenditure ?
    iii Gross Domestic Capital Formation 1,000
    iv Mixed Income of Self-Employed ?
    v Net Indirect Taxes 200
    vi Net Factor Income from Abroad 100
    vii Private Final Consumption Expenditure 4,000
    viii Consumption of Fixed Capital 300
    ix Profits 120
    x Wages and Salaries 1,500
    xi Net Exports 500
    xii Operating Surplus 3,000

    9.Calculate the value of ‘‘Rent’’ from the following data :


    S. No. Particulars Amount(< in Crores)
    (i) Gross Domestic Product at Market Price 18,000
    (ii) Mixed Income of Self-Employed 7,000
    (iii) Subsidies 250
    (iv) Interest 800
    (v) Rent ?
    (vi) Profit 975
    (vii) Compensation of Employees 6,000
    (viii) Consumption of Fixed Capital 1,000
    (ix) Indirect Tax 2,000

    10.Given the following data, find the values of ‘Operating Surplus’ and
    ‘Net Exports’ :
    S. No. Particulars Amount (inRs. crores)
    (i) Wages and Salaries 2,400
    (ii) National Income 4,200
    (iii) Net Exports ?
    (iv) Net Factor Income from Abroad 200
    (v) Gross Domestic Capital Formation 1,100
    (vi) Mixed Income of Self-Employed 400
    (vii) Private Final Consumption Expenditure 2,000
    (viii) Net Indirect Taxes 150
    (ix) Operating Surplus ?
    (x) Government Final Consumption Expenditure 1,000
    (xi) Consumption of Fixed Capital 100
    (xii) Profits 500
    11.Given the following data, find the values of ‘Operating Surplus’ and
    ‘Gross Domestic Capital Formation’ :
    S.No. Particulars Amount(inRs. Crores )
    i Government Final Consumption Expenditure 2,000
    ii Mixed Income of Self-Employed 1,500
    iii National Income 12,000
    iv Net Factor Income from Abroad 200
    v Operating Surplus ?
    vi Profits 500
    vii Private Final Consumption Expenditure 6,000
    viii Net Indirect Taxes 700
    ix Net Exports 1,800
    x Consumption of Fixed Capital 600
    xi Gross Domestic Capital Formation ?
    xii Wages and Salaries 6,000
    *************************

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