| Find the gross National Product at market price from the following: | ||
| S. No. | Items | (Rs. Arab) |
| (i) | Opening stock | 50 |
| (ii) | Private final consumption expenditure | 1000 |
| (iii) | Net current transfers to abroad | 5 |
| (iv) | Closing stock | 40 |
| (v) | Net factor income to abroad | (-) 10 |
| (vi) | Government final consumption expenditure | 300 |
| (vii) | Consumption of fixed capital | 30 |
| (viii) | Net imports | 20 |
| (ix) | Net domestic fixed capital forma | 150 |
Answer:
\[GD{{P}_{MP}}=P+G+I+(X-M)\] \[=1000+300+(150+30+40-50)+(-20)\] \[=1300+170-20\] = 1450 \[GD{{P}_{MP}}\] = \[GD{{P}_{MP}}\] + NFIA \[=1450-(-10)\] = Rs. 1460
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