Macro Assignment

(National Income Numerical)

1. Calculate GDPmp by Income method and NNPfc by Expenditure method from the
following

Sr. No. Items ( In Rs Crores)

1. Private final consumption expenditure 450
2. Operating surplus 520
3. Government final consumption expenditure 50
4. Indirect taxes 60
5. Mixed Income of self employed 20
6. Consumption of fixed capital 30
7. Change in stock 30
8. Gross domestic capital formation 330
9. Compensation of employees 200
10. Net exports (-10)
11. Net factor income from abroad (-10)
12. Subsidies 10

2. Calculate NNPmp by Income method by Expenditure method from the following data:

Sr.No. Items ( In Rs Crores)

1. Personal consumption expenditure 1400
2. Wages and salaries 1400
3. Employer’s contribution to social security scheme 200
4. Contribution to provident fund by employees through 100
employer
5. Gross business fixed capital formation 120
6. Gross residential construction investment 120
7. Gross public expenditure 480
8. Rent 100
9. Inventory investment 40
10. Dividend and corporate profit tax 120
11. Corporate saving 80
12. Excess of exports over imports 40
13. Interest 80
14. Mixed income of self employed 200
15. Net factor income to abroad 20
16. Depreciation 0
17. Indirect tax 40
18. Subsidies 20

3. Calculate NNPfc by Income method by Expenditure method from the following data:
 Sr.No. Items ( In Rs Crores)
1. Net domestic capital formation 500
2. Compensation of employees 1850
3. Consumption of fixed capital 100
4. Government final consumption expenditure 1100
5. Private final consumption expenditure 2600
6. Rent 400
7. Dividend 200
8. Interest 500
9. Net export (-100)
10. Profit 1100
11. Net factor income from abroad (-50)
12. Net indirect tax 250

4. Calculate NNPfc by Income method by Expenditure method from the following data:

Sr.No. Items ( In Rs Crores)

1. Capital transfer from rest of the world 200
2. Government final consumption expenditure 2000
3. Current transfer from abroad 200
4. Wages and salaries 7600
5. Dividend 1000
6. Rent and royalty 400
7. Interest 300
8. Addition to stock of capital 1000
9. Profit 1600
10. Employer’s contribution to social security scheme 400
11. Excess of imports over exports 100
12. NFIA 60
13. Consumption of fixed capital 80
14. Private final consumption expenditure 8000
15. Net indirect tax 600

5. Calculate GNPfc by Income method by Expenditure method from the following data:

Sr.No. Items ( In Rs Crores)

1. Factor income from abroad 10
2. Compensation of employees 150
3. Net domestic capital formation 50
4. Private final consumption expenditure 220
5. Factor income to abroad 15
6. Change in stock 15
7. Employer’s contribution to social security scheme 10
8. Consumption of fixed capital 15
9. Interest 40
 10. Exports 20
11. Imports 25
12. Indirect tax 30
13. subsidies 10
14. Rent 40
15. Government final consumption expenditure 85
16. Profits 100

6. Calculate NNPfc by Income method by Expenditure method from the following data:

Sr.No. Items ( In Rs Crores)

1. Private final consumption expenditure 2000

2. Net capital formation 400
3. Change in stock 50
4. Compensation of employees 1900
5. Rent 200
6. Interest 150
7. Operating surplus 720
8. Net indirect tax 400
9. Employer’s contribution to social security scheme 100
10. Net exports 20
11. Net factor income from abroad (-20)
12. Government final consumption expenditure 600
13. Consumption of fixed capital 100

7. Calculate GNPmp by Income method by Expenditure method from the following data:

Sr.No. Items ( In Rs Crores)

1. Compensation of employees 400
2. Profit 250
3. Mixed income of self employed 300
4. Rent 80
5. Interest 70
6. Private final consumption expenditure 700
7. Net domestic capital formantion 120
8. Consumption of fixed capital 100
9. Net exports (-10)
10. Government final consumption expenditure 350
11. Net indirect taxes 60
12. Net factor income from abroad (-10)
 8. Calculate “Gross domestic capital formation” and “wages and salaries” from the given
data:

Sr. No. Items (in Rs crores)

1. Mixed income of self employed 3500
2. Net indirect taxes 300
3. Government final consumption expenditure 14000
4. Net exports 3000
5. Consumption of fixed capital 300
6. Net factor income from abroad 700
7. Operating surplus 12000
8. National income 30000
9. Profit 500
10. Private final consumption expenditure 11000

9. Calculate “Gross domestic capital formation” and “Operating suplus” from the given data:

Sr. No. Items (in Rs crores)

1. National income 22100
2. Wages and salaries 12000
3. Private final consumption expenditure 7200
4. Net indirect taxes 700
5. Depreciation 500
6. Govt. final consumption expenditure 6100
7. Mixed income 4800
8. Net exports 3400
9. Rent 1200
10. Net factor income from abroad (-150)

10. Calculate GDPmp and factor income from abroad from the given information:

Sr. No. Items (in Rs crores)

1. Exports 40
2. Interest 400
3. Profits 500
4. Rent 300
5. Change in stock 50
6. Compensation of employees 1500
7. Net domestic capital formation 650
8. Gross fixed capital formation 700
9. Net indirect taxes 250
10. Factor income to abroad 120
11. Gross national product at factor cost 2800
12. Net current transfer from abroad 90

11. Calculate GDPmp and factor income to abroad from the given information:
 Sr. No. Items (in Rs crores)
1. Net Exports (-) 50
2. Interest 250
3. Profits 400
4. Rent 150
5. Change in stock 20
6. Compensation of employees 1000
7. Net fixed domestic capital formation 150
8. Gross capital formation 220
9. Net indirect taxes 100
10. Factor income from abroad 30
11. Gross national product at factor cost 1850

12. Calculate GDPmp and factor income from abroad from the given information:

Sr. No. Items (in Rs crores)

1. Net Exports (-) 50
2. Interest 900
3. Profits 1300
4. Rent 800
5. Change in stock 50
6. Compensation of employees 3000
7. Net domestic capital formation 800
8. Gross fixed capital formation 850
9. Net indirect taxes 300
10. Factor income to abroad 80
11. Gross national product at factor cost 6150
12. Dividend 300

13.Calculate GDPfc and factor income to abroad from the given information:

Sr. No. Items (in Rs crores)

1. Interest 600
2. Profits 700
3. Rent 400
4. Opening stock 150
5. Compensation of employees 2000
6. Net domestic capital formation 1000
7. Gross fixed capital formation 1050
8. Factor income from abroad 20
9. Gross national product at factor cost 3750
10. Net exports (-) 50
11. Closing stock 200

14. Find out NVAfc.

1. Total sales 75,000

 2. Purchase of raw materials and other inputs 30,000
3. Consumption of fixed capital 2,500
4. Net indirect taxes 7,500

15. Find out the value of output, gross value added at market price and income
generated for the given enterprise for the year 1991-93.

Rs. (in crore)

1. Opening stock 1000

2. Closing stock 800
3. Purchase of raw material 200
4. Sales 10,000
5. Profit 2000
6. Rent 1,600
7. Interest 1,250
8. Consumption of fixed capital 750
9. Indirect taxes 250
10. Subsidy 50
11. Wages and salaries 3,800

16. Calculate the NVAfc of xyz enterprise during the accounting year 1992-93

(a) Sales 19,000

(b) Increase in stock 1,000
(c) Depreciation 400
(d) Net indirect taxes 200
(e) Wages an salaries 4,000
(f) Interest 300
(g) Rent 600
(h) Profit 11,500
(i) Intermediate consumption 3,000

17. from the following data calculate (1) value of gross product (2) NVAfc (3) NVAmp

1.increase in unsold stock 2,000

2. Sales 20,000
3.net indirect tax 1,800
4. Purchase of raw material 3,300
5.cost of fuel and power 1,900
6. Consumption of fixed capital 1,000
7. Rent of land and building 1,400
8. Wages and salaries 7,000
9. Payment of interest 2,000
18. Calculate the following (1) value of output at market price (2) GVAmp (3) NVAmp (4)
NVAfc

1. Intermediate consumption 500

2.depreciation 200
3. Indirect tax 75
4. Subsidy 25
5. Wages and salaries 300
6. Rent 40
7. Interest 10
8. Profit 100
9. Sales 1,000
10. Change in stock 200

19. calculate value added by firm a and b

1. Purchase by firm a from rest of world 360
2. Sales by firm b 90
3. Purchase by firm a from firm b 50
4. Sales by firm a 110
5. Export by firm a 30
6. Op. Stock of firm a 35
7. Closing stock of firm a. 20
8. Opening stock of firm b 30
9. Closing stock of firm b 20
10. Purchases by firm b from firm a 50

20. calculate value added by firm x and firm y from the following data:

Rs.in lakhs

1. Sales by firm x 100

2. Sales by firm y 500
3. Purchases by householders from firm y 300
4. Exports by firm y 50
5. Change in stock of firm x 20
6. Change in stocked of firm y10 10
7. Imports by firm x 70
8. Sales by firm z to firm y 250
9. Purchases by firm y from x 200

21. In an imaginary economy described below, only the transactions mentioned below
take place between A,B,C and D industries, Find the value added by A,B,C & D.

A imports goods worth Rs. 50, exports goods worth Rs.20 and sells goods to B worth
Rs. 40.
B sells household goods worth Rs. 60.

C sells goods to D worth Rs.40 and to private housing construction worth Rs.10
D exports goods worth Rs.50 and sells goods to the government worth Rs.20

22. A sells to B for Rs.50 and to for Rs.30.

B sells to private consumers for Rs.40 and exports for Rs.30.
C sells to public consumers for Rs.25 and accumulate unsold stock worth Rs.25.
Calculate the value added by A,B & C.

23. A buys from X inputs worth Rs.500 and sells to B goods worth Rs1000 and to C
goods worth Rs.700. B buys from Y inputs worth Rs200 and sells to C goods worth Rs.
1,500 and finished good s worth Rs 2000 to households. C buys from Z inputs worth Rs
150 and sells finished good worth Rs.4,150 to households. Calculate the total value
added.

24. suppose firm A sold timber produced in its forest ot firm B for Rs.1,000 and firewood
to consumers for fuel for Rs.500. firm B converted logs into sleepers and partly sold to
furniture making firm C for Rs.800 and the remaining to private consumers for Rs.700.
firm C sold furniture worth Rs 1,000 to private consumers and the remaining to a
government office for Rs.500.
Calculate value added by (a) firm (b) firm (c) firm C. also calculate total value of output.

25. Transaction in an economy is basically as follows:

A sells to B for Rs 600
A sells to C for Rs.400 and to final demand for Rs900
C sells to final demand for Rs300 and to D for Rs.500
D sells to final demand for Rs.700.
(Assume that firm A buys no raw material) find the value added by: (a) firm A (b) firm B
(c) firm C (d) firm D (e) total final expenditure (f) gross domestic product at market price
of the company.

26. suppose firm A sold raw material worth Rs.1,000 to firm B and Rs. 600 to firm C.
firm B sold its product partly to private consumers for Rs.800 and the remaining product
was exported for Rs.600. firm C sold part of its product to the government for Rs500 for
public consumption and the remaining product worth Rs. 500 was unsold stock left with it
(assume that firm A busy no raw materials). Find the value added by :
(a) Firm A
(b) Firm B
(c) Firm C
(d) Indicate total consumption expenditure
(e) Saving and investment.

27. you are given the following information about four producers A,B,C and D in an
economy.
A sells Rs.300 worth of his output to B and Rs.500
Worth of his output to households. The sales of B to A, C and D are worth Rs.400,
Rs.200 and Rs.300 respectively. C sells to A, B and D output worth Rs.100 each. Sales
by C to households are worth Rs.900. D sells to households output worth Rs.700. his
exports are worth Rs.300 while sticks worth Rs.200 remains unsold with D. estimate the
value added By:
(a) A,B,C and D separately and
(b) All of them together.

28. A, B and C are producers. A sells for Rs.50 to B and for Rs.50 to private consumers.
B sells for Rs.80 to C. C sells for Rs.100 to private consumers. Show that total value
added by A, B and C is equal to total private consumption.

29. An economy has only two firms A and B. On the basis of the following information
about these firms find out:
(a) Value added by firms a and b
(b) Gross domestic product at market price

Rs in lakh
1. Exports by firm a 40
2. Imports by firm a 100
3. Sales to households by firm a 180
4. Sales to firm b by firm a 80
5. Sales to firm a by firm b 60
6. Sales to households by firm b 120

30. On the basis of the following data about an economy, which constitutes of only two firms,
find out.
(a) Value added by firms a and b
(b) Gross domestic product at factor cost.

Rs. In lakh
1. Sales by firm a 200
2. Purchases from firm b by firm a 80
3. Purchases from firm a by b 120
4. Sales by firm b 400
5. Closing stock of firm a 40
6. Closing stock of firm b 70
7. Opening stock of firm b 50
8. Opening stock of firm b 90
9. Indirect taxes paid by both firms 60

31. from the following data finds out value added by firm x.
Rs.in lakh
1. Sales by firm y to firm x 400
 2. Sales by firm x t households 400
3. Purchases by firm z from firm x 300
4. Opening stock of firm x 25
5. Closing stock of firm x 75

32. Calculate value added by firm a and b from the following data:
Rs. In lakh
1. Purchases by firm b from firm a 40
2. Sales by firm b 80
3. Imports by firm b 10
4. Rent paid by firm b 50
5. Opening stock of firm b 15
6. Closing stock of firm b 20
7. Purchases by firm a from firm b 20
8. Closing stock of firm a 20
9. Opening stock of firm a 10

33. Calculate value added by firms a and b from the following data:
Rs. In lakh
1. Change in stock of firm a 10
2. Change in stock of firm b 15
3. Purchases from firm b by firm a 90
4. Purchases from firm a by firm b 20
5. Sales by firm b to households 120
6. Sales by firm a to households 60
7. Sales by firm a to government 20
8. Exports by firm b 15
9. Imports by firm a 40
10. Imports by firm b 30

34. from the following data calculate value added by firms P and Q:
Rs. In lakh
1. Purchases by firm P from firm Q 40
2. Sales by firm Q 90
3. Imports of raw material by firm Q 10
4. Exports by firm Q 10
5. Closing stock of firm P 10
6. Opening stock of firm P 20
7. Closing stock of firm Q 20
8. Opening stock of firm Q 25
9. Purchases by firm q from firm P 60
10. Sales by firm P to households 40
11. Sales by firm P to general govt. 20

35. Calculate net domestic product at factor cost by income and output method from the
following data:
Rs. In crore
1. Value of out put 800
2. Value of intermediate consumption 400
 3. Subsidies 10
4. Indirect taxes 16
5. Factor income received from abroad 60
6. Factor income paid abroad 20
7. Mixed income of self-employed 120
8. Rent and royalty 40
9. Interest and profit 20
10. Wages and salaries 110
11. Consumption of fixed capital 50
12. Employer’s contribution to social security schemes 10

36. Calculate national income by method and output method from the following data:
Rs in crore
1. Value of output of primary sector 1,000
2. Value of output of other sector 400
3. Raw materials purchased by the primary 500
4. Raw materials purchased by the other sectors 300
5. Factors income received from the rest of the world 10
6. Factor income paid to the rest of the world 15
7. Depreciation 55
8. Indirect taxes 100
9. Subsidies 20
10. Mixed income of the self-employed 200
11. Compensation of employed 170
12. Rent 40
13. Interest 30
14. Profit 25

37. calculate national income by output method and expenditure method from the data given
below:
Rs.in crore
1. Net domestic capital formation 250
2. Net exports (-)30
3. Private final consumption 900
4. Value of output
(a) Primary sector 900
(b) Secondary sector 800
(c) Tertiary sector 400
5. Value of intermediate consumption by:
(a) Primary sector 400
(b) Secondary sector 300
(c) Tertiary sector 100
6. Consumption of fixed capital 80
7. Indirect taxed 100
8. Govt. Final consumption expenditure 100
9. Subsidies 10
10. Net factor income from abroad (-) 20

38. Calculate Net value added at market price from the given data:
 Sr. No. Items (in Crores)
1. Depreciation 700
2. Output produced (units) 900
3. Price per unit of output 40
4. Closing stock 1000
5. Opening stock 800
6. Indirect tax 3000
7. Intermediate cost 20000

39. Calculate “Intermediate consumption” from the given data:

Sr. No. Items (in Crores)

1. Subsidy 40
2. Sales 800
3. Consumption of fixed capital 30
4. Exports 100
5. Closing stock 20
6. Opening stock 50
7. Net value added at factor cost 280
8. Purchase of machinery for own use 200
9. Import of raw material 60

40. . Calculate Net value added at factor cost by firm X from the given data:
Sr. No. Items (in Crores)
1. Sales by firm X to firm Z 200
2. Purchase by firm Y from firm X 100
3. Sales by Z to firm X 125
4. Closing stock of firm X 40
5. Closing stock of firm Z 30
6. Opening stock of firm X 50
7. Production by firm X for self consumption 70
8. Durable use producer goods with life span of 10 years (firm 150
X)
9. Purchase of single use producer goods by firm X 20
10. Imports of services by firm X 5
11. Taxes on production (firm X) 12
12. Subsidies (firm X) 2

41. Calculate ‘ Sales’ from the given data:

Sr. No. Items (in Crores)

1. Net value added at factor cost 300
2. Intermediate consumption 200
3. GST 20
4. Depreciation 30
5. Change in stock (-) 50
42. Calculate : (a) Value of output (b) Intermediate consumption (c) NVAfc from the given data:

Sr. No. Items (in Crores)

1. Purchase of raw material from domestic market 400
2. Increase in unsold stock 60
3. Imports of raw material 120
4. Domestic sales 1200
5. Replacement of fixed capital 50
6. Power charges 20
7. Exports 200
8. Import of machinery 40
9. GST 10
10. Subsidy 30
11. Goods used for self consumption 10

43. Calculate GDPmp by income method and closing stock from the given data:

Sr. No. Items (in Crores)

1. Private final consumption expenditure 450
2. Rent 120
3. Government final consumption expenditure 50
4. Indirect taxes 60
5. Interest 150
6. Mixed income of self employed 20
7. Consumption of fixed capital 30
8. Opening stock 10
9. Gross fixed capital formation 300
10. Compensation of employees 200
11. Net exports (-) 10
12. NFIA (-) 10
13. Subsidies 10
14. Profit 250
15.

44. Calculate ‘ Operating Surplus’ from the given data:

Sr. No. Items (in Crores)

1. Compensation of employees 110
2. Net indirect taxes 150
3. Depreciation 50
4. NFIA 155
5. Income from property and entrepreneurship from ROW 75
6. GDPmp 1050
7. Mixed income 500

45. Calculate: “GDPmp and Subsidies” from the given data:

Sr. No. Items (in Crores)
1. Government final consumption expenditure 7000
2. Indirect tax 9000
3. NNPfc 61700
4. Mixed income of self employed 28000
5. Gross fixed capital formation 13000
6. Net addition to stock 10000
7. Compensation of employees 24000
8. Depreciation 4000
9. Private final consumption expenditure 44000
10. Exports 4800
11. Imports 5600
12. NFIA (-) 300