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Trace the relationship between GNP and NNP. - Economics

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प्रश्न

Trace the relationship between GNP and NNP.

टिप्पणी लिखिए

उत्तर

  • GNP is the total measure of the flow of final goods and services at market value during a year.
  • NNP is the value of the net output of the economy during the year.
  • NNP = GNP – depreciation
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अध्याय 2: National Income - Model Questions [पृष्ठ ३४]

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सामाचीर कलवी Economics [English] Class 12 TN Board
अध्याय 2 National Income
Model Questions | Q 24. | पृष्ठ ३४

संबंधित प्रश्न

Total Cost and Total Revenue.


Calculate National Income from the following data:

S.No. Particulars Rs.in crores
(i) Private final consumption expenditure 900
(ii) Profit 100
(iii) Government final consumption expenditure 400
(iv) Net indirect taxes 100
(v) Gross domestic capital formation 250
(vi) Change in stock 50
(vii) Net factor income from abroad (-)40
(viii) Consumption of fixed capital 20
(ix) Net imports 30

Giving reason explain how should the following be treated in estimating national income:

i. Expenditure on fertilizers by a farmer.
ii. Purchase of tractor by a farmer.


Giving reason explain how should the following be treated in the estimation of national income:

Purchase of refrigerator by a firm for own use


Giving reason explain how the following should be treated in the estimation of national income:

Payment of interest by a bank to an individual


Distinguish between the following :

Output method and Income method of measuring national income. 


Distinguish between.

Personal income and National Income.


Define or explain the following concept.

Induced Consumption expenditure.


Give reasons or explain the following statements: 

 The net national income is less than gross national income. 


Distinguish between Illegal income and Transfer income. 


Distinguish between:

Gross national product and Gross domestic product.


Write short note on:

Personal disposable income


Write short note on:

Net national product at factor cost


Define or explain the following concept:

 Personal income


Find the odd word

Concepts of national income -


GNP =______ + Net factor income from abroad.


When net factor income from abroad is deducted from NNP, the net value is______.


How should the following be treated in estimating National Income of a Country? Give valid reasons.

Expenditure on upgradation of fixed asset by a firm.


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