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    M2 National Income

    Uploaded by

    Atishey Jain
    National income notes for BBA year 1

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    M2 National Income

    Uploaded by

    Atishey Jain
    2 views2 pages
    National income notes for BBA year 1

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

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    National income notes for BBA year 1

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    2 views2 pages

    M2 National Income

    Uploaded by

    Atishey Jain
    National income notes for BBA year 1

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    have

    We 8
    aggregates
    >
    -
    -

    Product

    domestic factor cost


    gross nezfal <
    -
    +neira -
    NET + NIT
    +
    Dep-Dep
    net national S
    market price L
    L

    Indirect tax-
    subsidy

    I GDPFC
    2 GNP FC
    Gross
    3
    GDP mp

    Y GNP mp

    J NDP FC

    6 NDP
    Net
    mp

    7 NNPFC National Income


    8 NNP mp

    Calculation National (3)


    of Income
    >
    -

    I Income Method -

    >
    NY =
    NDPFc + NFIFA

    NDPFC =
    -
    Profits
    Dividend
    + Rent3 + Interest + Mixed
    + age
    Royalty
    +

    Eco
    +

    e
    kind wage +
    Retained
    Savings [ Earnings +
    Employee's contri
    by social security
    Corporate Employed
    Tax RRIP
    -
    1
    Operating surplus ↓

    OR NDCF
    2) Expenditure Method
    GDPmp Gov final=
    t Gross + (x m)
    - + Private
    Consumption Domestic Final
    Exp .

    Cap.

    consumption
    -
    formation Exp .

    Gross Domestic FIXEX


    Capital formation +

    "Inventory " Stock


    Investment >
    -
    closing-opening
    3) Value Added Method
    Final goods Raw Material
    - -
    GDPmp =
    GVAmp-value of Output -
    Intermediate Consumption
    Electricity
    Purchases
    sales + a stock Domestic +

    Imports
    Domestic
    Sales + Includes Production
    Exports for
    self-consumption

    National Total value


    of final output of goods & services
    -
    income +

    produced in 1
    year ,
    by a normal resident
    ,
    not
    including depreciation ,
    measured at factor cost

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