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  • A B C Final Dd. A 1000 B 10000 C Total Int. Sales Total Output

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    sayan
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    The document compares three methods of measuring national income or GDP: expenditure method, income method, and value-added method. It provides an example calculation for each method using data on the total sales, inputs, and value-added for three sectors (A, B, C). The GDP is calculated as $30,000 for each method, showing that all three approaches produce the same measure of overall economic output.

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    GDP-Estimation-(Numerical)-(Ojha)-Answer

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    The document compares three methods of measuring national income or GDP: expenditure method, income method, and value-added method. It provides an example calculation for each method using data on the total sales, inputs, and value-added for three sectors (A, B, C). The GDP is calculated as $30,000 for each method, showing that all three approaches produce the same measure of overall economic output.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    9 views3 pages

    A B C Final Dd. A 1000 B 10000 C Total Int. Sales Total Output

    Uploaded by

    sayan
    The document compares three methods of measuring national income or GDP: expenditure method, income method, and value-added method. It provides an example calculation for each method using data on the total sales, inputs, and value-added for three sectors (A, B, C). The GDP is calculated as $30,000 for each method, showing that all three approaches produce the same measure of overall economic output.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    Total Int.

    Total
    A B C Final Dd.
    Sales Output
    A 1000
    B 10000 15000
    C 25000
    Total Int.
    Inputs
    Capital
    Labour 0 5000 7000
    Total
    input

    Value-
    Added
    Total Int. Total
    A B C
    Sales Final Dd. Output
    A 0 1000 0 1000 0 1000
    B 0 0 10000 10000 5000 15000
    C 0 0 0 0 25000 25000
    Total Int.
    Inputs 0 1000 10000
    Capital 1000 9000 8000
    Labour 0 5000 7000
    Total
    Input 1000 15000 25000

    Value-
    Added 1000 14000 15000
    Three Methods of Measuring National Income (GDP)

    GDP by Expenditure (or Final Demand) method = 30000

    GDP by Income method = 30000

    GDP by Value-Added method = 30000

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