NUMERICALS ON NATIONAL INCOME

VALUE ADDED METHOD

Q.1.Calculate value added of firms A and B.
Item Particulars Amount
No.
1 Purchase of ‘A’ from Rest of the World 30
2 Sale by ‘B’ to households 90
3 Purchase by ‘A’ from ‘B’ 50
4 Domestic sale by ‘A’ 110
5 Exports by ‘A’ 30
6 Opening stock of ‘A’ 35
7 Closing Stock ‘A’ 20
8 Opening Stock of ‘B’ 30
9 Closing Stock of ‘B’ 20
10 Purchase by ‘B’ from ‘A’ 50

Q.2.Calculate Value added from Firms X and Y

ITEM Particulars Amount
no

1 Sales by ‘Y’ to Govt. 100

2 Domestic sale by ‘X’ 500
3 Purchase by household from ‘Y’ 300
4 Exports by ‘Y’ 50
5 Change in stock of ‘x’ 20
6 Change in stock of ‘Y’ 10
7 Imports of ‘X’ 70
8 Sale by ‘Z’ to ‘X’ 250
9 Purchase by ‘Y’ from ‘X’ 200
Q.3. Calculate Value added by firm A and B and GDP
Item Particulars Amount
No.
1 Exports by ‘A’ 20
2 Imports by ‘A’ 50
3 Sale to households by ‘A’ 90
4 Sale to ‘B’ by ‘A’ 40
5 Sale to ‘A’ by ‘B’ 30
6 Sale to HH by ‘B’ 60

Q.4. Calculate GDPfc

Item Particulars Amount
No.
1 Sale by ‘A’ 300
2 Purchase from ‘B’ by ‘A’ 120
3 Purchase from ‘A’ by ‘B’ 180
4 Sale by ‘B’ 600
5 Closing stock of ‘A’ 60
6 Closing stock of ‘B’ 105
7 Opening stock of ‘A’ 75
8 Opening stock of ‘B’ 135
9 Indirect Tax by both firms 90

Q.5.Calculate NVAmp by the firms

Item Particulars Amount
No.
1 Exports 10
2 Depreciation 20
3 Output 400
4 Intermediate goods 200
5 Net Indirect Tax 250
6 Change in stock 50
Q.6.Calculate GVA fc
Item Particulars Amount
No.
1 Net ind. Tax 20
2 Purchase of intermediate goods 120
3 Purchase of machinery 300
4 Sales 250
5 Consumption of fixed capital(depreciation) 20
6 Change in stock 30
7 Profit 70
8 Subsidies 10

Q.7.Calculate NVA mp
Item Particulars Amount
No.
1 Depreciation 5
2 Sales 100
3 Opening Stock 20
4 Intermediate Consumption(INPUT) 70
5 Excise duty 10
6 Change in Stock [-10]

Q.8.Calculate NVA mp
Item Particulars Amount
No.
1 Sales 90
2 Rent 5
3 Closing Stock 25
4 Opening Stock 15
5 Indirect Tax 10
6 Depreciation 20
7 Intermediate Consumption 40
8 Purchase of raw material 15
Q.9. Calculate GVA of Primary, Secondary and Tertiary sectors and National
income (NNPfc)
Item Particulars Amount
No.
1 Output: [a]Primary 800
[b]Secondary 200
[c] Tertiary 300
2 Intermediate Consumption [a]Primary 400
[b]Secondary 100
[c]Tertiary 50
3 Indirect Tax 50
4 Depreciation 80
5 Factor income from abroad 10
6 Factor income to abroad 20
7 Subsidies 20

Q.10.Calculate Intermediate Consumption

Item Particulars Amount
No.
1 Output 200
2 NVA fc 80
3 Sales Tax(I Tax) 1
4 Subsidies 5
5 Depreciation 20
Q.11.Calculate Sales
Item Particulars Amount
No.
1 NVAfc 300
2 Intermediate Consumption 200
3 Indirect Tax 20
4 Depreciation 30
5 Change in Stock [-50]

EXPENDITURE METHOD NUMERICALS

Q.12. Calculate National Income/NNPfc
Item Particulars Amount
No.
1 Current transfers by Govt. 50
2 PFCE 400
3 Net current transfers from abroad 20
4 GFCE 100
5 NFIA 10
6 NDCF 80
7 Depreciation 50
8 Net Exports 40
9 Net Indirect Tax 60

Q.13.Calculate NNP fc
Item Particulars Amount
No
1 Net Indirect Tax 15
2 GFCE 60
3 Net Imports 10
4 Change in stock 5
5 Consumption of fixed capital(depreciation) 20
6 PFCE 250
7 NFIA 5
8 NDCF 40
9 Net current transfers from abroad 10

Q.14.Calculate GNP mp
Item Particulars Amount
No.
1 GDFI 1500
2 Change in Stock 250
3 GFCE 1250
4 Exports 850
5 Imports 1050
6 Personal disposable income(PDI) 11500
7 Personal Saving/Household Savings 1550

Q.15.Calculate NNP mp
Item Particulars Amount
No.
1 PFCE 200
2 Net Indirect Tax 20
3 Change in stock 5
4 Net current transfer from abroad 10
5 GFCE 50
6 Consumption of fixed capital 15
7 NDCF 30
8 NFIA 5
9 Imports 20
10 Exports 10

Q.16.Calculate National Income

Item Particulars Amount
No.
1 Current transfer from abroad 15
2 GFCE 100
3 NFI from abroad -10
4 NDCF 80
5 Depreciation 50
6 Net Exports 40
7 Net Indirect Tax 60
8 PFCE 400
9 Net current transfers from ROW 20

Q.17. Calculate National Income (NNPfc) by Income and Expenditure method

Item Particulars Amount
No.
1 PFCE 700
2 Wages and salaries 700
3 Employers contribution to SSS 100
4 GDFCF 160
5 Change in Stock 20
6 Profits 100
7 GFCE 200
8 Rent 30
9 Mixed Income 100
10 NFIA 10
11 Depreciation 20
12 Exports 40
13 Subsidies 10
14 Imports 20
15 Interest 40
16 Indirect Tax 20

Q.18.Calculate NNP fc
Item Particulars Amount
No.

1 NFIA -20
2 GFCE 200
3 Subsidies 10
4 PFCE 800
5 Net current transfers from ROW 30
6 NDFCF 100
7 Indirect Tax 80
8 Depreciation 40
9 Change in Stock -10
10 Net Exports -50
11 Current transfers from ROW 60

Q.19. Calculate GNP mp by Income and Expenditure Method

Item Particulars Amount
No.
1 NNPfc 400
2 Comp. Of employees 500
3 PFCE 900
4 NFIA -20
5 Net Indirect Tax 100
6 Depreciation 120
7 NDCF 280
8 Net Exports -30
9 Profit 350
10 Rent 100
11 Interest 150
12 GFCE 450

Q.20.Calculate NI by Income and Expenditure Method

Item Particulars Amount
No.
1 COE 1200
2 NFIA -20
3 Net indirect Tax 120
4 Profit 800
5 PFCE 2000
6 NDCF 770
7 Depreciation 130
8 Rent 400
9 Interest 620
10 Mixed Income 700
11 Net Exports -30
12 GFCE 1100

Income Method
Q.21. Calculate GNPmp
Item Particulars Amount
No.
1 Mixed Income 400
2 COE 500
3 PFCE 900
4 NFIA 20
5 Net Indirect Tax 100
6 Depreciation 120
7 NDCF 280
8 Net Exports -30
9 Profits 350
10 Rent 100
11 Interest 150
12 GFCE 450
13 Dividend 100

Q.22. Calculate National Income

Item Particulars Amount
No.
1 Dividend 100
2 Rent 150
3 Wages and Salary 350
4 Corporate tax 50

5 Depreciation 40
6 Net Indirect Tax 60
7 Undistributed Profit 90
8 Mixed Income 200
9 Interest 70
10 Employers contribution to SSS 40
11 NFIA 10
Ans - 1060
Q.23.Calculate NI
Item Particulars Amount
No.
1 COE 500
2 Rent 80
3 Interest 100
4 Profit 210
5 Tax on profit 30
6 Employees contribution to SSS (already included in salaries 25
and wages)
7 Mixed Income 250
8 Net Indirect Tax 60
9 Employers contribution to SSS (COE mentioned) 50
10 NFIA 20

Q.24. Calculate NI by Income and Expenditure Method

Item Particulars Amount
No.
1 Current transfers from ROW 150
2 PFCE 2000
3 NDCF 400
4 Change in stock 50
5 COE 1900
6 Rent 200
7 Interest 150
8 Operating Surplus 720
9 Net Indirect tax 400
10 Employers contribution to SSS 100
11 Net Exports 20
12 NFIA 20
13 GFCE 600
14 Depreciation 100

Q.25. Calculate NNP fc by Income and Expenditure Method

Item Particulars Amount
No.
1 COE 800
2 PFCE 1200
3 Profits 500
4 Rent 200
5 GFCE 800
6 Interest 150
7 NFIA 20
8 Net Indirect Tax 190
9 Mixed Income 630
10 Net Exports -30
11 NDCF 500
12 Current replacement costs 150

Q.26.Calculate NNP fc
Item Particulars Amount
No.
1 Imports 20
2 GFCE 60
3 NFIA -5
4 Net current transfers from abroad 5
5 PFCE 200
6 Subsidies 10
7 Indirect Tax 40
8 NDCF 70
9 Exports 20
10 Consumption of fixed capital 15

Q.27.CalculateNI by Income and Expenditure Method

Item Particulars Amount
No.
1+ GFCE 1000
2 Interest 350
3 Rent 300
4 Mixed Income 600
5 Employers contribution to SSS 100
6 COE 3000
7+ NDCF 650
8+ Net Exports -100
9 NFIA -50
10- Net Indirect Tax 500
11+ PFCE 4000
12 Depreciation 80
13 Change in stock 50
14 Profits 800

Q.28. Calculate NI
Item Particulars Amount
No.
1 Mixed Income 110
2 Wages &Salaries in cash 100
3 Factor income received from abroad 5
4 Travel allowance to employees 2
5 Operational Surplus 60
6 Imputed rent of free accommodation employees 10
7 Rent 30
8 Factor paid to abroad 15
9 Employers contribution to SSS 8
Q.29. Calculate Net National Product at Factor cost.

Item Particulars Amount

No.
1 PFCE 700
2 Wages and salaries 700
3 Employers contribution to SSS 100
4 Gross fixed investment 60
5 Gross residential investment 60
6 Gross public investment 40
7 Profits 100
8 Government purchase of goods & services GFCE 200
9 Rent 30
10 Exports 40
11 Imports 20
12 Interest 40
13 Mixed Income 100
14 NFIA 10
15 Inventory investment (Change in stock) 20
16 Depreciation 20
17 Subsidies 10
18 Indirect Tax 20

Q.30 Calculate NVA fc

Item Particulars Amount

No.
1 Domestic Sales 1080
2 Purchase of raw material and other expenses 360
3 Exports 120
4 Depreciation 45
5 Imports of raw material 60
6 Increase in stock (decrease in stock is to be subtracted) 120
7 Indirect Tax 30
8 Dividend 90
9 Undistributed profit 60
10 Interest payment 270
11 Salaries and wages 360
12 Rent payments 45