19. Calculate Net Value Added at Factor Costfrom the following dataS.No.Contents* (in lakhs)(i) Sales(ii) Purchase of Raw Materials from Domestic Market(iii) Import of Raw Material(iv) Subsidies(v) Consumption of Fixed Capital(vi) Change in Stock(vii) Rent80040010030405070

Answered: Image /qna-images/answer/bffbb421-0056-436f-bbf6-c46e9a3a7251.jpg

Answered: 19. Calculate Net Value Added at Factor…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

(e) $1,250 per week $1,100 per month $3,000 per year Income from wages: Rental income: Income from investments: $58 per month National Insurance contributions: $129 per month Group Medical Insurance premium: Contribution to private pension fund $60 per month. Calculate: (i) the gross monthly income (ii) the disposable income per month (iii) the monthly savings if expenditure is $3,200 per month.
11. TOPIC: ENGINEERING ECONOMICS PLEASE ANSWER IN 4 DECIMAL POINTS
The product approach to measuring GDP values government production at(a) market prices.(b) its cost of production.(c) its estimated value to society.(d) the total amount of taxes it collects.(e) none of the above.
Using the information below, what is the Gross Value Added at Market Price? Output Sold 800 Price per unit of output 20 Import Duty 400 Net change in stock -500 Intermediate Consumption 8000 a. 7900 b. 6500 c. 2100 d. 7500
2. Consider country Dreamland produces only one final goods, sand witch involving with various production process. The stages of production of sandwitch the fiscal year 2020 have been considered the table below Stages of Production Wheat Flour Dough Bread Sandwitch Market Value 280 320 350 420 500 Suppose, 80 billion taka of flour and 120 billion taka of bread have been used as final consumption in fiscal year 2020. Using these restrictions, estimate the Gross Domestic Product (GDP) based on value addition method. Verify GDP by using expenditure method, and compare these two estimations.
Derive TU Schedule from MU Schedule. Amount Consumed MU (units) (utils) 14 12 3 10 4 6
Commodity ROOT CROPS Unit January February March Аpril Мay 119,861 76,868 97.887 62,325 17,883 9,815 31,248 41,805 122,180 79.998 Carrots Kg Kg Kg Kg Kg Kg Kg Kg Kg 32,432 77.983 54.453 Cassava Common Yam Im ported yam Dasheen(Local) Dasheen(Imported) Eddoes (Local) Eddoes (Im ported) Sweet Potatoes (Local) Sweet Potatoes (Im ported) Ginger CONDIMENTS AND SPICES Celery Chive (L) Thyme (s) Hot Peppers (100's) Hot Peppers (40 lb) Shadon Beni Pimento (S) 29,687 4.818 363 16,235 1,906 37.506 57.780 28,321 26,325 19,492 18,210 20,413 4:798 29,952 36,180 23.580 22,770 140,389 40,674 24,887 68,625 30,835 16,560 27,253 12,263 9,280 27,792 36,450 195,121 156,648 125.726 65.380 1,980 6,480 Kg Kg 10,575 4.770 28,117 na 11,076 35.435 37.545 13,818 Bndl. 16,321 12,490 12,288 9,191 4.421 5,640 364 Bndl. 14,045 567 1,876 7,078 276 1,624 2,222 35.340 11,951 17,025 Bndl. 562 927 100's 1,225 Bag Bndl. 2,235 48,632 1,194 1,693 26,375 1,976 61,240 531 835 30,050 100's 3.571 5.910 4.492 5.750 3.385…
The four categories of income in the economy are: wages, rent, interest, profit O consumption, investment, government spending, net cxports O consumption, saving, taxcs, government spending O labor, land, capital. tcchnology
7 In calculating the National Income using the Income Method, stock appreciation is deducted because A B. C. D. It is part of the residual error. Inflation would make stock appear to be worth more than they were in the past. It is part of double counting. It has already been accounted for in the income of capital stock.
Calculate value of output if:- Value added = $8800 Intermediate Consumption = $3200
19. Real national income means: (a) national income at current prices (b) national income at factor prices (c) national income at constant prices (d) national income at average prices of the past 10 yean 20. GDP Deflator = Realincome (a) Nominalincome Nominalincome (b) x 100 x 100 Realincome Realincome (c) Population x 100 (d) None of these 21. Increase in price of commodities due to increase in taxes assumes relevance in the estimation of NNP, because: MP (a) taxes are compulsory payments (b) taxes are transfer payments (c) taxes are paid out of income of the households a cause a rise in market price of the commodities which otherwise would have been sold at a lower price

Recommended textbooks for you

ENGR.ECONOMIC ANALYSIS

Economics

ISBN:

9780190931919

Author:

NEWNAN

Publisher:

Oxford University Press

Principles of Economics (12th Edition)

Economics

ISBN:

9780134078779

Author:

Karl E. Case, Ray C. Fair, Sharon E. Oster

Publisher:

PEARSON

Engineering Economy (17th Edition)

Economics

ISBN:

9780134870069

Author:

William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

Publisher:

PEARSON

ENGR.ECONOMIC ANALYSIS

Economics

ISBN:

9780190931919

Author:

NEWNAN

Publisher:

Oxford University Press

Principles of Economics (12th Edition)

Economics

ISBN:

9780134078779

Author:

Karl E. Case, Ray C. Fair, Sharon E. Oster

Publisher:

PEARSON

Engineering Economy (17th Edition)

Economics

ISBN:

9780134870069

Author:

William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

Publisher:

PEARSON

Principles of Economics (MindTap Course List)

Economics

ISBN:

9781305585126

Author:

N. Gregory Mankiw

Publisher:

Cengage Learning

Managerial Economics: A Problem Solving Approach

Economics

ISBN:

9781337106665

Author:

Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:

Cengage Learning

Managerial Economics & Business Strategy (Mcgraw-…

Economics

ISBN:

9781259290619

Author:

Michael Baye, Jeff Prince

Publisher:

McGraw-Hill Education

SEE MORE TEXTBOOKS

19. Calculate Net Value Added at Factor Cost from the following data S.No. Contents (in lakhs) (i) Sales 800 (ii) Purchase of Raw Materials from Domestic Market 400 (iii) Import of Raw Material (iv) Subsidies (v) Consumption of Fixed Capital (vi) Change in Stock (vii) Rent 100 30 40 50 70