Economics - Old Questions
Question Answer Details
12. Calculate Gross Domestic Product (GDP) and National Income from the following data:
| S.N. | Items | Rs. (in Millions) |
|---|---|---|
| 1 | Personal Consumption Expenditure | 6500 |
| 2 | Indirect tax less subsidies | 150 |
| 3 | Government consumption and investment expenditure | 2500 |
| 4 | Change in business inventories | 100 |
| 5 | Gross Private domestic fixed investment | 950 |
| 6 | Exports | 900 |
| 7 | Net factor payments to the rest of the world | -100 |
| 8 | Imports | 1200 |
| 9 | Depreciation | 200 |
| 10 | Foreign investment | 250 |
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