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प्रश्न
What is the difference between NNP and NDP?
उत्तर
| NNP | NDP |
|
NNP refers to the market value of output. |
NDP is the value of the net output of the economy during the year |
|
NNP at factor cost is the total income payment made to factors of production. |
The country’s capital equipment wears out of becomes outdated each year during the production process. |
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संबंधित प्रश्न
Explain in detail ‘saving function’ with schedule and diagram.
Find national income and private income:
(Rs crore)
(i) Wages and salaries 1,000
(ii) Net current transfer to abroad 20
(iii) Net factor income paid to abroad 10
(iv) Profit 400
(v) National debt interest 120
(vi) Social security contributions by employers 100
(vii) Current transfers from government 60
(viii) National income accruing to government 150
(ix) Rent 200
(x) Interest 300
(xi) Royalty 50
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 reasons explain how should the following be treated in the estimation of national income:
Purchase of uniforms for nurses by a hospital
How should the following be treated while estimating national income? You must give the reason in support of your answer.
Bonus paid to employees
How should the following be treated while estimating national income? You must give the reason in support of your answer.
Purchase of taxi by a taxi driver.
In an economy, S = −100 + 0.6 Y is the saving function, where S is Saving and Y is National Income. If investment expenditure is 1,100, calculate:
(1) Equilibrium level of National Income
(2) Consumption expenditure at equilibrium level of National Income.
Define or explain the following concept.
Induced Consumption expenditure.
Write Explanatory answer. (Any Two )
What is national income. Explain how national income is mesured by output method
State whether the following statements are True or False with reason:
Ten years period is considered for measuring National Income.
Distinguish between:
Gross national product and Gross domestic product.
Distinguish between:
Gross National Product and Net National Product
Match the following groups:
| Group A | Group B | ||
| 1) | Income method | a) | Personal income – direct taxes |
| 2) | Unemployment allowance | b) | Money value of goods and services |
| 3) | Disposable Income | c) | Factor cost method |
| 4) | National Income | d) | Personal income subsidy |
| 5) | NNP(MP) | e) | Transfer payment |
| f) | GNP(MP) - Depreciation | ||
| g) | Output method | ||
| h) | Transfer income | ||
Distinguish between the following.
Personal income and Disposable income
- Explain the concept of product (real flow) with the help of above diagram. (2m)
- Explain the concept of Money flow with the help of above diagram. (2m)
Net National product at factor cost is also known as
GNP =______ + Net factor income from abroad.
NNP stands for______.
GDPFC = ____________.
Which of the following items are excluded from GNP measurement?
