NATIONAL INCOME

PART 6
INCOME METHOD
TERM 2
ECONOMICS
SUNIL PANDA COMMERCE CLASSES
SUNIL PANDA COMMERCE CLASSES
Q.1) Calculate NNPmp
(i) Undistributed profits 20
(ii) Compensation of employees 800
(iii) Rent 300
(iv) Dividend 100
(v) Royalty 40
(vi) Corporation Tax 50
(vii) Interest 400
(viii) Depreciation 70
(ix) Net factcor income from abroad (–) 10
(x) Net indirect tax 60
SUNIL PANDA COMMERCE CLASSES
(i) Rent 80
(ii) Consumption of fixed capital 40
(iii) Interest 100
Q.2) Calculate National Income
(iv) Profits 210
(v) Tax on profits 30
(vi) Employer’s contribution to social security schemes 25
(vii) Mixed income self employed 250
(viii) Net indirect tax 60
(ix) Employee contributions to social security schemes 50
(x) Wages and salaries in cash 700
(xi) Wages & Salaries in kind 100
(xii) Net factor income from abroad (–) 20
SUNIL PANDA COMMERCE CLASSES
SUNIL PANDA COMMERCE CLASSES
Q.3) Calculate Operating Surplus
(i) Compensation of employees 110
(ii) Net indirect taxes 150
(iii) Depreciation 50
(iv) Net factor income from rest of the world 155
(v) Income from entrepreneurship and property from rest of
the world 75
(vi) Gross domestic product at market price 1,050
(vii) Mixed income of self-employed 500

SUNIL PANDA COMMERCE CLASSES

SUNIL PANDA COMMERCE CLASSES
Q.4) Calculate operating surplus and compensation of
employees
(i) Indirect taxes 250
(ii) Depreciation 200
(iii) Royalty 20
(iv) Profit 200
(v) Subsidies 50
(vi) Gross domestic product at MP 1,800
(vii) Interest 50
(viii) Rent 100
(ix) Net factor income from abroad (–) 40

SUNIL PANDA COMMERCE CLASSES

Thank You
SPCC

SUNIL PANDA COMMERCE CLASSES

NATIONAL INCOME
PART 7
EXPENDITURE METHOD
TERM 2
ECONOMICS

SUNIL PANDA COMMERCE CLASSES

Q.1) Calculate National Income
(i) Private final consumption expenditure 900
(ii) Profits 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
SUNIL PANDA COMMERCE CLASSES
SUNIL PANDA COMMERCE CLASSES
Q.2) Calculate National Income
(i) Net domestic fixed capital formation 200
(ii) Factor income from abroad 30
(iii) Change in stock (–) 20
(iv) Net indirect tax 120
(v) Private final consumption expenditure 800
(vi) Consumption of fixed capital 100
(vii) Government final consumption expenditure 300
(viii) Net factor income to abroad 40
(ix) Net imports (–) 50
SUNIL PANDA COMMERCE CLASSES
SUNIL PANDA COMMERCE CLASSES
(i) Government final consumption expenditure 7,000
(ii) Indirect taxes 9,000
(iii) NNPFC 61,700
(iv) Mixed income of self employed 28,000 Q.3) From the
(v) Gross fixed capital formation 13,000 following data,
(vi) Net addition to stocks 10,000 calculate
(vii) Compensation of employees 24,000 (i) Gross Domestic
(viii) Depreciation 4,000 Product at Market
(ix) Private final consumption expenditure 44,000 Price; and
(x) Exports of goods and services 4,800
(ii) Subsidies
(xi) Imports of goods and services 5,600
(xii) NFIA (–) 300
SUNIL PANDA COMMERCE CLASSES
SUNIL PANDA COMMERCE CLASSES
(i) Compensation of employees 800
(ii) Profits 200
(iii) Dividends 50 Q.4) (i) Gross
domestic product
(iv) Gross national product at market price 1400 at factor cost
(v) Rent 150 (ii) Factor income
(vi) Interest 100 to abroad
(vii) Gross domestic capital formaton 300
(viii) Net fixed capital formation 200
(ix) Change in stock 50
(x) Factor income from abroad 60 (xi) Net indirect tax 120

SUNIL PANDA COMMERCE CLASSES

SUNIL PANDA COMMERCE CLASSES
Thank You
SPCC

SUNIL PANDA COMMERCE CLASSES