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There are only two producing sectors A Problem and B in an economy. Calculate: (a) GDP at market price, (b) National income: (7 in crore) (1) Net factor income form abroad 20 (ii) Sales by A 1,000 (iii) Sales by B (iv) Change in stock of B (7) Closing stock of A (vi) Opening stock of A (vii) Consumption of fixed capital M 2,000 (-) 200 50 100 180 by both sectors (viii) Indirect taxes paid by A and B (ix) Purchase of raw material by A 120 500 (x) Purchase of raw material by B 600 (xi) Exports by B 70

There are only two producing sectors A Problem and B in an economy. Calculate: (a) GDP at market price, (b) National income: (7 in crore) (1) Net factor income form abroad 20 (ii) Sales by A 1,000 (iii) Sales by B (iv) Change in stock of B (7) Closing stock of A (vi) Opening stock of A (vii) Consumption of fixed capital M 2,000 (-) 200 50 100 180 by both sectors (viii) Indirect taxes paid by A and B (ix) Purchase of raw material by A 120 500 (x) Purchase of raw material by B 600 (xi) Exports by B 70

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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6. There are only two producing sectors A Problem and B in an economy. Calculate: (a) GDP at market price, (b) National income: (F in crore) (i) Net factor income form abroad 20 (ii) Sales by A 1,000 (iii) Sales by B 2,000 (iv) Change in stock of B (2) Closing stock of A (vi) Opening stock of A (vii) Consumption of fixed capital (-) 200 50 50 100 180 by both sectors (viii) Indirect taxes paid by A and B 120 (ix) Purchase of raw material by A 500 (x) Purchase of raw material by B 600 (xi) Exports by B 70
Transcribed Image Text:6. There are only two producing sectors A Problem and B in an economy. Calculate: (a) GDP at market price, (b) National income: (F in crore) (i) Net factor income form abroad 20 (ii) Sales by A 1,000 (iii) Sales by B 2,000 (iv) Change in stock of B (2) Closing stock of A (vi) Opening stock of A (vii) Consumption of fixed capital (-) 200 50 50 100 180 by both sectors (viii) Indirect taxes paid by A and B 120 (ix) Purchase of raw material by A 500 (x) Purchase of raw material by B 600 (xi) Exports by B 70
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