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Exercise-1

Compensation of employees 289630

Operating surplus / Mixed Income 1534730

Production taxes less production - 70668


subsidies
Consumption of fixed capital 127461

GVA at basic prices


Exercise-2
Private Final Consumption Expenditure 5704132
Government Final Consumption Expenditure 1086121
Gross Capital Formation 3317928
Exports of goods and services 2453005
Import of goods and services 2640081
Net Primary income receivable from ROW -120293
Consumption of fixed capital 1048979
GDP
National Income
Exercise-3
GVA at basic prices 9169787
Product taxes 1037006
Product subsidies 285687
Consumption of fixed capital 1048979
Net primary income receivable from ROW -120293
GDP
Gross National Income
National Income
Exercise - 4
If C = 100 + 0.75Yd, I = 200 Cr, G = 100 Cr, T = 100 Cr, X = 200 Cr,
M = 100 Cr

1.Find equilibrium income and value of all multipliers.


2. Find the value of consumption and savings in the economy.
3. Find change in equilibrium income If
a. investment increases by 20 Cr
b. G decreases by 10 Cr
c. Tax decreases by 5 Cr
d. Exports increase by 10 Cr and imports decrease by 20 Cr
simultaneously [i.e change in NX= 10-(-20)= 30]
e. Exports increase by 10 Cr and imports increase by 20 Cr
simultaneously [i.e change in NX= 10-20= -10]
f. If G and T simultaneously increase by 10 Cr
Exercise 5
Suppose the consumption Function is C = 100 + 0.90Yd and Yd
is 5000, where C is consumption and ‘Yd is Disposable Income.
Assuming that Disposable Income = consumption + saving, find
value of :
• Aggregate Consumption;
• Autonomous and Induced Consumption;
• Average Propensity to Consume;
• Marginal Propensity to Consume;
• Marginal Propensity to Save
• Average propensity to save
• Aggregate savings
GDP at constant prices (real
Financial Year Growth rate
GDP)

2012
9213017
2013
9801370
2014
10527674
2015
11369493
2016
11998327
2017
10179857
Annual rate of
Financial Year Price Index
inflation
2012-13 106.9

2013-14 112.5

2014-15 113.9

2015-16 109.7

2016-17 111.6

2017-18 114.9

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