Introductory Macrozcongy its From the data given below, prove that ‘Net Value Added at Factor Cost'is equal to’Income Genera te 2 Le lasisUeled } ()_Opening stock (ii)_Closing stock (ii) Purchase of raw materials. (iv) Sales (v) Corporate tax (vi)_Undistributed profits (vil)_Dividends (wiii)_Rent (ix)_Interest (Depreciation (xi) Indirect taxes 150 (xii)_Subsidies 50 | 350 (xii) Wages and salaries ‘Net Value Added at Factor Cost = Income Generated = €800crores 22. On the basis of following data, prove that Net Value Added at Factor Cost'is equal to“Income Generated Be Ree (i) Addition to stock a (ii) Sales am (ii)_ Net indirect taxes 7 {iv)_ Purchase of raw material ia (v)_Expenses on Power 7 (vi)_ Consumption of fixed capital al (vii)_Rent a (vill) Compensation of Employees ae (io_Interest i (@) Dividend ‘xi)_ Corporate gains tax 1,500 Foi 300 200 (xii) Undistributed profit Net Value Added at Factor Cost = Income Generated = ¢7,200¢rores as ; Practicals on Operating Surplus 23. Calculate: ‘operating surplus. ~ ap uele Minacics (i) Bonus to employees | (iy. Mixed income es | ay_Profit 175 (iv)_Dividend fa 40 —~ © scanned with OKEN Scanner| 4. & Measurement of National Income chapter ‘a corporat tax aa (v) Rent 80 wid Royalty 40 (wii)_ Interest | 130 [ mplyers contribution to soil security schemes 30 24, Caleuate the value of operating surplus. Operating Surplus = 2350 crores {Value of output a {i) Intermediate consumption a {i Compensation of employees 300 (w) Indirect taxes oa (v) Depreciation aa (wi) Subsidies = (vil) Mixed income cco 25. Calculate the operating surplus. Operating Surplus = £300 crores Teenie ley Tincrores, {) Compensation of employees 200 (i) Indirect taxes 200 Ail) Consumption of fixed capital ue (i) Subsidies so | (\) Gross domestic product at MP 600 26. Calcula te operating surplus and compensation of employees. {) Indirect taxes Operating Surplus = € 150 crores 250 i) Depreciation : a 200 (i) Royaity Fi {iv) Profit = = () Subsidies 3 \) Gross domestic roduct at MP aa (i) interest 5 ne 100 ( ) Net factor Income from abroad woe Operating Surplus = 2370 crores; Compensation of employees = 1,030 crores © scanned with OKEN Scannerani fact Introductory Macroecongm ies Practicals on Expenditure Method 27. Calculate GNP at MI iz Government consumption expenditure Gross domestic fixed capital formation (iv)_Import of goods and services, (v)_Net factor income from abroad (vi) Subsidy (vii) Fall in stock (viii) Export of goods and services 450 (ix)_ Depreciation 1,000 1,000 (x)_Net indirect taxes GNP at MP = 28. Calculate NDP at FC. MP MPS €22400 cs crores seueled Private final consumption expenditure aaa (ii) Gross domestic capital formation 100 | (ili) Change in stocks aa (iv) Net indirect taxes 60 (W)_Net factor income from abroad fa (vi)_Net exports Bal (vil) Consumption of fixed capital 5 [ (viii). Government final consumption expenditure NDP at FC: 29. Calculate Nat 7 Zin crores (i) Private Final Consumption Expen Gi) Government Final Consumption Expenditure 2,000 {il Gross domestic Capital formation 700 [ tiv) Net Exports 200_| (v) Net Factor efrom abroad 300 [wi Consumption of fixed cap al oT “400 a a 200_| —__| 50 National income = &3,350 crores (CBSE Delhi 2013) ieee (vii)_Net indirect t 30, Calculate National Income from the following data: Pee () Pav (i) Profit © scanned with OKEN Scanner