National income

answered on 02-Nov-23 17:00

What is the difference between Personal Income Taxes and Direct taxes paid by household?

latest answer

Sir this question is from Nov'21 RTP

Nivedha Balaji

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National Income

answered on 03-Nov-23 12:23

How they arrived NNP FC from NDP FC? How they got 1915 cr from 1960 cr?

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NNP at Factor Cost = NNP at Market Price – Net Indirect tax.

Nivedha Balaji

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National income

answered on 28-Oct-23 14:20

Whether can I first find GDP at market price from given NVA at factor cost and then find Value of output as missing figure from this: GDP at MP = Value of output - Intermediate consumption Or should I follow the approach given in RTP only?

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Answer in RTP for that question

Nivedha Balaji

CA Inter

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National income accounting

answered on 27-Oct-23 17:35

In mtp oct 21… ques 4 b Is the given Ans crt ?

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Net indirect taxes is to reduced while calculating at factor prices

kowselyaa G

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National income accounting

answered on 27-Oct-23 11:57

In illustration 13, While computing NI with the help of expenditure method, What does GROSS DOMESTIC CAPITAL FORMATION means ???

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Gross domestic capital formation means net domestic capital formation plus depreciation. Consumption of fixed capital is also known as Depreciation

kowselyaa G

CA Inter

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Doubt

answered on 21-Oct-23 13:06

Sir I am worrying about this subject can any one please give some tips on how to complete economics my exam is on June 24

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With the time you have until June 2024, you possess a powerful asset. Use it wisely. Break down your Economics syllabus into manageable chunks, create a steady study routine, and remain consistent. Seek help when needed, practice regularly, and trust in your ability to conquer this subject.

sai t

CA Foundation

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National Income Accounting

answered on 20-Oct-23 14:58

whether savings of non departmental enterprises of govt sector or all sectors will be substracted while calculating private income?

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Savings of non-departmental enterprises of the government sector are not subtracted when calculating private income. Instead, the adjustments made to the national income to arrive at private income focus on specific components related to transfer payments and other factors as mentioned in the formula for the same.

BETSY P JOY

CA Final

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National income

answered on 19-Oct-23 09:09

state the method which is considered the most suitable for measurement of National Income of the developed economies.

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Income method, Because in developed countries literacy is high. And data related to incomes is easily available.

C ANNBU PALANIAPPAN

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3 sector model

answered on 20-Oct-23 12:37

Is the equilibrium output and income Y is same in three sector model. So many questions answered in this way. Please help me in this regard

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Yes, in the three-sector model, equilibrium output Y Y is the same as equilibrium income. They equate when total expenditures match the total output of the economy. the term "output" often refers to the production of goods and services, while "income" refers to the earnings generated from that production. In a basic economic model, the total production (output) of an economy will equal the total expenditure or the total income earned by factors of production (like labor and capital). This equality forms the foundation of the national income accounting identity.

Gayathri K V

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Keynesian theory

answered on 18-Oct-23 18:59

Please anyone explain ans for 7(c)

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Change in Investment (ΔI): Given the updated investment from 160 to 195, the change is: ΔI = 195 - 160 = 35 Multiplier Effect: The Keynesian multiplier is given by: K = 1 / (1 - b + m) Where: b is the marginal propensity to consume (MPC) which is 0.6 from the consumption function, and m is the marginal propensity to import (MPI) which is 0.05. Plugging in the values: K = 1 / (1 - 0.6 + 0.05) = 1 / 0.45 = 2.2222 Change in Income (ΔY) due to Change in Investment: ΔY = ΔI * K = 35 * 2.2222 = 77.77 New Equilibrium Income (Ye): Ye = Original Y + ΔY = 533.33 + 77.77 = 611.1 Net Exports (X-M) at Ye: X-M = 20 - 0.05 * 611.1 = 20 - 30.555 = -10.555

Nagaraju Konerolu

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