National Income

answered on 03-Nov-23 12:23

How they arrived NNP FC from NDP FC? How they got 1915 cr from 1960 cr?

latest answer

NNP at Factor Cost = NNP at Market Price – Net Indirect tax.

Nivedha Balaji

CA Inter

★ 9K+

3

135

National income

answered on 28-Oct-23 14:20

Whether can I first find GDP at market price from given NVA at factor cost and then find Value of output as missing figure from this: GDP at MP = Value of output - Intermediate consumption Or should I follow the approach given in RTP only?

latest answer

Answer in RTP for that question

Nivedha Balaji

CA Inter

★ 9K+

1

126

National income accounting

answered on 27-Oct-23 17:35

In mtp oct 21… ques 4 b Is the given Ans crt ?

latest answer

Net indirect taxes is to reduced while calculating at factor prices

kowselyaa G

CA Inter

★ 2K+

1

108

National income accounting

answered on 27-Oct-23 11:57

In illustration 13, While computing NI with the help of expenditure method, What does GROSS DOMESTIC CAPITAL FORMATION means ???

latest answer

Gross domestic capital formation means net domestic capital formation plus depreciation. Consumption of fixed capital is also known as Depreciation

kowselyaa G

CA Inter

★ 2K+

2

141

Doubt

answered on 21-Oct-23 13:06

Sir I am worrying about this subject can any one please give some tips on how to complete economics my exam is on June 24

latest answer

With the time you have until June 2024, you possess a powerful asset. Use it wisely. Break down your Economics syllabus into manageable chunks, create a steady study routine, and remain consistent. Seek help when needed, practice regularly, and trust in your ability to conquer this subject.

sai t

CA Foundation

★ 2K+

2

164

National Income Accounting

answered on 20-Oct-23 14:58

whether savings of non departmental enterprises of govt sector or all sectors will be substracted while calculating private income?

latest answer

Savings of non-departmental enterprises of the government sector are not subtracted when calculating private income. Instead, the adjustments made to the national income to arrive at private income focus on specific components related to transfer payments and other factors as mentioned in the formula for the same.

BETSY P JOY

CA Final

★ 460

1

122

National income

answered on 19-Oct-23 09:09

state the method which is considered the most suitable for measurement of National Income of the developed economies.

latest answer

Income method, Because in developed countries literacy is high. And data related to incomes is easily available.

C ANNBU PALANIAPPAN

CA Inter

★ 5K+

2

125

3 sector model

answered on 20-Oct-23 12:37

Is the equilibrium output and income Y is same in three sector model. So many questions answered in this way. Please help me in this regard

latest answer

Yes, in the three-sector model, equilibrium output Y Y is the same as equilibrium income. They equate when total expenditures match the total output of the economy. the term "output" often refers to the production of goods and services, while "income" refers to the earnings generated from that production. In a basic economic model, the total production (output) of an economy will equal the total expenditure or the total income earned by factors of production (like labor and capital). This equality forms the foundation of the national income accounting identity.

Gayathri K V

CA Inter

★ 12K+

3

159

Keynesian theory

answered on 18-Oct-23 18:59

Please anyone explain ans for 7(c)

latest answer

Change in Investment (ΔI): Given the updated investment from 160 to 195, the change is: ΔI = 195 - 160 = 35 Multiplier Effect: The Keynesian multiplier is given by: K = 1 / (1 - b + m) Where: b is the marginal propensity to consume (MPC) which is 0.6 from the consumption function, and m is the marginal propensity to import (MPI) which is 0.05. Plugging in the values: K = 1 / (1 - 0.6 + 0.05) = 1 / 0.45 = 2.2222 Change in Income (ΔY) due to Change in Investment: ΔY = ΔI * K = 35 * 2.2222 = 77.77 New Equilibrium Income (Ye): Ye = Original Y + ΔY = 533.33 + 77.77 = 611.1 Net Exports (X-M) at Ye: X-M = 20 - 0.05 * 611.1 = 20 - 30.555 = -10.555

Nagaraju Konerolu

CA Inter

★ 3K+

2

135

National Income

answered on 16-Oct-23 16:15

What is the difference between National Income accounting and Keynesian theory of determination of National Income?

latest answer

National income accounting is a system for measuring and quantifying economic activity, while the Keynesian theory of determination of national income is a macroeconomic framework that explains how changes in demand affect the level of national income and employment. They serve different purposes, with national income accounting providing data and the Keynesian theory offering insights into economic dynamics and policy implications.

sasidhar cheboyina

CA Final

★ 90

2

143