Si ir TT LUC” METHODS OF CALCULATING NATIONAL TCoMmE H | ©| Name the Metnods of Measuriiy Nationa! 1 Income: ¢ (MeETHoDs] Propoer Merion / VAWE ADDED METHOD Iweome METHOD Expert ope METHOD @ VALUE ThcomE _—EXPEWDT TORE ON Apped = GEWEAATION ~ Frbr Goons & SERVICES @| What is meant by Value Added Method Preduck (netned 2 yeduet Method or value Added method 1 that Method Which measures the Grogs Domestic Product at fnarret Price C4dFpip) aa the dum toto oP value added by ou ‘he producing unita ltthtn the clomepite tenitory oP the Couptig» during the period of an Accounting year. Thue, Gpp__ = VALVE OF _ IHTERMEDEATE Me OvTPLT CoS umPTION. Scanned with CamScanner\. : i Pe Vee oF _ output = Soles + A In Stock + Sales = oo. & Units Bold x Pex Unit qn &) + Atm Stok= coding gtock — opening 4todK * GROSS DomESTIE PREDUCT Te algo nown by QRess VALUE -ADDED - # Thtesmediate Congumbtion Snelndea the Vane GF Paws Imatetot used th the brocays ot production: @|wnor is the prehiem of Double counting? Hew tan we avoid 1%? Expo. D Frsbiom of Doutie countivg occurs when the Value oP some gpede produced fn the Rconomy {4 Counted more than once In tne estimation 4 Nation! Lucome: ¥ To 4veid the brbiem ¢f Boubie Counting, Fuse tethods Ore used — @) Frye. ooreut METH —> According to trie Methed, ' only Pinot Goode avd Zewices aie te be considered tn the Catimation of GDP. Tntermediate Goeda are not to be considered: B Volue AMDED MetHod —> According to thie Method, om! rr Vatue AMidifiona ane A be conatde ~ered Tu the eatimation of Gpes Scanned with CamScanner@] whet is meant by Income Method ? > at Method Which measures national Income ag the Bum totot of factor Incomes (compensation F eenployees, rent, Interest and Profit) eared by nomvod Teri douty 8 a County during ay accounting Year. Sum Totot oF factor Pneomeg Prerated witht the domeetc. Tertitory Pa country Coy the Yeeidents oy hoon = Weetdente) 4A cated Aomatte Income. (Pee). Nat factor Sneome. From Abroad (WFtA) te added 4o NDPpe to find Wationol Tneome: Thus, Theome metiad te 4h NDP. = Comeenicatzen OF Emproypes + OpeRATtHg SoreLvs + Maxep “Dycope here, “| Comperssarizons = Wagae & Salarice In Cash OF EmpLoyees + Employers! Conbidution te fected Aecuriiy Scheme + Retirement, Pongion F Payment 4m tiny kind + OPERATING + “gurpiug = Rent + Twierest + Profit + Reyoty Profit = dividends + Corporate BoR+ tay + Undistibated Profit ~ Corporate Saving] a Scanned with CamScanneriF Income Method te ogo enown dy Dietaduted hare Method or factor Pa ent Thedhod: Wihet is meant by Cxpenditure Method 2 Brparditeae Metiod te trat Meshed which measures the Nationol Lrcome fn terme of expenditure (coneumbtion exbenditure + Dhvertment exbendijure) on the purchase, F Fiat Goede and gowices produced fn the economy during the posted oP an Accounting Yyeors Sum toot of exbenditure on the domesticoty produced YOods ahd Aewices during an Accounting year le called SPFing Thus , V® Geng = Parvare Frm Qiocomprros Ccpeunsture + Goverssmerst Prco. Gpsumpreos Gerensdt TRE + Gross Domesrsc Chertm. PoRmatzots + Ner Bxroans| - Wer tmport here, * Gross Damestze ET bamessse CAPITAL FoRMAT IAN Gepzta, fornmatzok + Debveciatron Grose Domestze = GRosc FrxED Cartel formartzoys Cirtter formato” + 4 fy atock, Gress domesree _ GRoss Domestze Prep Cartan Chester Rametton Fametzos + Deprecation + Ath sok x, MET exports = Exports — Imports Cx) (m) Scanned with CamScannere@ Gross Domestre faxen Caprtat formarzas a ado Know by Gross Domestze Freep Investment © Gross Domestze Petes Thwestmeny dheindea the Fotewing — > Business fred Investment > fred Thvgetment dy the householde In Teme & construction F houses- > feed Srvectment by Goverment © Trventory Tnvertment vedere fo B iw stock: ee INVESTMENT FrmeD —, TDavedinny Ereenostune ~ Devestmeyt Tevestmersr o Tora, xp. Comsumers, ST ofthe. — en DevESTMENT Shade Errenoztune + Exewnstong ExPeyPruRe MET ts 0440 known by Consumption and fnvestnent Method @ Fncome Disbotos Method. oe Scanned with CamScanner@PRECALTZON REGARDING Producer METHOD PO Add only the Market Value st Pinot Good, ds Bewices, do not Fviclude the. (harket Votue of Tntermediote. goede di A le PRecAUT oN Reqnadzng TNeomE MeTited — PS faa only fae tor {neomes, do nob Ynclude trang fer payments» Ato, do not tnetnde tneome. &Pnerated tmeugh “Wiegod activites + © Patenusey Reqnansec ERPENDIORE MERod — 2 Consider only the Expenditure on finot Goode that Conger Conaumption Exponditere, or Gatit0d formortion, Bo net “nelude ex}andinre on ‘mtexmediate goods and sewices:“ Aigo, do not consider Cxpenditure on Aecord— hand goods o'r om saree and donde, Scanned with CamScanneradh = _ ae aan NOTH yO} WATE) YeLiaweg ssovd, + Torta xg MoLidwasey) Weir} INSWNRIO + TITANIA MPLLIWININO) WAL SUA “daN= __—_—_- SAawomyt gaxrwy + SYS dateIO + S33 odWy Jo MOLLUS NAgWOD doHiau) IWONT 32ND Y AW — seouay vay Myay = eee NOT Lunas log Wyiauysuar Lngieo Jo gga POHL gu) hraTadd Scanned with CamScannerTae sere woe A et @ oo . . a s ie @) oie BAL aller anit & vegeta] Bee ret Hae me ahr wom ate PRs Pe acer aor eer 7 re RY ac Ber ER ve rar ad & det WH Ul She Fh ver ate ay oe yer gly RETR ers a = Hache sale agar wera 4, % BTEC at GbRp = WRG a Har - Read Isr i Ger MSR a AEs fed + wie Fweder «ted cert) = Pah A est x Wh ea Der + ¥eta Wala. athe eis — wafer Te ay — asad? ord ay no FRAT Het Caer JONIT gre @ vet wear avai gar RAT ¥? ved cea ‘PER ETL ora Te 2 TR RZ & er A, Tort gat Va ag Batts AE A Br Sel Tea & aor He snare sar F che woah weer Bee a ae ae Te ET Ay Bast were Wael es mw es Scanned with CamScanner+ sibter ace PaBr © ge bets BART, coe ar agMT nT be fact ahr aegR? a Rac a wieder tent sat & ,wenadf aeght & at} eae ay PH 2 ger Her age, (be ar agar ates Bre ———_ wen 3 Hore Fae av aftabea ter svar E1 kar dy Be a er BET ast Herat yen RH vac Hyer area sat @ ae fer} weer gar whe Et? oe we br} age We ane arta Te dar at Pee ar Swart Pavitett gar aber ag wor} ger shy Bee Hite srar 2 ar ata shes veg ie aS eT aT For Freer BR Beorar bh arefpr anor ae Bt HARE eo IT De) F Pats Beet gg ree Om (wees) AT aT Baez —— NDlee = aaa? gar celta + samt ober : + tia si” amie? ar wtathe = wag) aw Fad + mis gaan RaerePon avery + datbata aarti + eer a Fae mot. - we oa ur . oT met + afar amr aleantear grey Scanned with CamScanner@ ; 4 i 4 BY xf ef my : aolraeat Per re kr oar saa uta Sarat = gy eke St Bais + Hrs a) 5 > nat gah -brlor weet agtink ate ast (sara Say Parlor + HOW + iat ahadt ud — ap Br « i at / 3p Or grou — Prat © wer Fe BRT sor AR ate om fh ein BR THT Pew comnbet FT eNet H Tar Har 7 = Gere) | OTH an ake ut wr a Tor Hatta siz eater BR ar RE att ator at} 7 are wit ome 3H - Scanned with CamScannervan 25 —. ® peg 3k a a oe pF eat Mgab = te " . aa Ain a we perpen eo je sro mht ep ep URRY aa _— . ? yep te ? pe AYR) one Daw Y iY — Soong