1. Firm A sells raw materials to firm B for 10,000 7.
Calculate Sales from the following data:
and to firm C for 6000. Firm B sells goods worth Net value added at factor cost 400
8000 to consumers and it exports goods worth Intermediate consumption 300
6000. Firm C sells to consumer goods worth Indirect tax(GST) 20
5000 and it left with unsold stock of 4000. Find Depreciation 30
out (1) Value added by firms A, B, C (2) total Change in stocks (-)50
consumption expenditure. 8. Find Net value added at Market prices:
2. In an economy, A, B, C and D are four industries. Fixed capital goods with a life of 5 years 15
The following transactions take place and the Raw materials 6
final scale is for private consumption. A sells to B Sales 25
for 20,000. B whose value added is 40000 , sells Net change in stock (-)2
half of its output to C and another half to D. C Taxes on production 1
sells all its output to D, whose value added is 9. Calculate net value added at market prices:
30,000. D sells all its output for 130,000. What is Intermediate consumption 1000
value added by C. Consumption of fixed capital 50
3. Calculate Gross Value Added at Market Net indirect taxes 150
Price(GVAMP)From the following data: Sales 2000
Depreciation 20 Exports 200
Domestic sales 200 Net factor income to abroad 100
Change in stocks (-)10 Change in stocks (-)50
Exports 10 10. Calculate value of output from the following data:
Single use producer goods 120 Subsidy 10
Net indirect taxes 20 Intermediate consumption 1150
4. Calculate Net value added at Market price: Net addition to stocks (-)13
Output Sold (units) 800 Depreciation 80
Price per unit of output 20 Indirect tax (GST) 20
Excise duty and import duty 2000 Net value added at factor cost 1250
Net change in stocks (-)500 11. Calculate intermediate consumption from the
Depreciation 1000 following items:
Intermediate cost 8000 Value of output 350
5. Find NVAFC from the following data: Net value added at factor cost 80
Sales 100 Indirect tax(GST) 15
Closing stock 20 Subsidy 5
Excise duty(GST) 15 Depreciation 20
Opening stock 10 12. Calculate net value added at factor cost from the
Depreciation 12 following:
Intermediate consumption 50 Depreciation 20
6. Suppose in an imaginary econo0my, GDPMP in a Intermediate cost 90
particular fiscal year was 4000 crore. National Subsidy 10
income was 2500 crore. Net factor income paid Sales 150
by the economy to the rest of the world was 400 Exports 7
crore and the value of Net indirect taxes is 450 Change in stocks (-)10
crore. Estimate the values of consumption of Import of raw material 3
fixed capital of the economy from the given Goods produced for self consumption 40
data.
13. Calculate sales from the following data: 18. Calculate Sales from the following Data:
Net value added at factor cost 1300 Net value added at factor cost 300
Change in stocks (-)20 Intermediate consumption 200
Indirect taxes(GST) 30 Indirect tax (GST) 20
Depreciation 40 Depreciation 30
Intermediate consumption 100 Change in stock (-)50
Subsidy 5 19. Calculate:
14. Calculate gross value added at Market price from
(1) Value of output
the following data: (2) Net value added at factor cost.
Depreciation 15 Excise duty 80
Domestic sales 450 Sales 1000
Exports 50 Operating surplus 60
Opening stocks 30 Opening stock 200
Purchase of raw material 150 Indirect tax(GST) 20
Closing stocks 40 Consumption of fixed capital 50
Import of raw material 25 Closing stock 200
Goods produced for self consumption 40 Intermediate cost 600
15. Calculate gross value added at factor cost from the
Subsidies 40
following data: 20. From the following data about a fir, calculate the firm’s
Indirect Tax (GST) 20 net value added at factor cost:
Sales 1000 Subsidy 40
Purchase of raw material 400 Sales 800
Change in stocks (-)40 Depreciation 30
Import of raw material 12 Exports 100
Depreciation 9 Closing stock 20
16. Calculate net domestic product at factor cost from
Opening stock 50
the following data: Intermediate Purchases 500
Sales 1700 Purchase of machinery for own use 200
Purchase of machine for installation in a factoryImport of raw material 60
800 21. From the following information about firm ‘X’ find net
value added at factor cost:
Subsidies 50 Purchase of raw material 500
Change in stocks (-)30 Gross domestic capital formation 400
Purchase of raw material 700 Subsidies 60
Wages 90 Opening stock 50
Consumption of fixed capital 20 Sales 1800
17. Calculate net value added at factor cost: Net domestic capital formation 380
Subsidy 40 Closing stock 40
Sales(Domestic) 800 22. Calculate net value added at factor cost from the following
Depreciation 30 data:
Exports 100 Purchase of raw material 600
Closing stock 20 Indirect tax (GST) 50
Opening stock 50 Net addition to stocks 50
Intermediate purchases 500 Value of output 800
23. From the following data relating to ma firm, Depreciation 40
calculate national income:
Subsidy 40
Sales 2300
Depreciation 50
Exports 100
Closing stock 20
Opening stock 50 Value of intermediate consumption in:
Intermediate purchases 2000 (1) Primary sector 60
Purchases of machinery 1200 (2) Secondary sector 80
Import of raw material 60 (3) Tertiary sector 20
NFIA (-)10 Consumption of fixed capital in:
24. From the following data, find out: (1) Primary sector 20
(1) Value of gross product of the firm (2) Secondary sector 30
(2) Net value added at Market price (3) Tertiary sector 10
(3) Net value added at factor cost NFIA 50
(4) Also, prove that: National income (BY income 27. Find value added by firm X
method) = Net value added at factor cost (BY product Sales by Y to X 400
method). Sales by X to households 500
Increase in unsold stock 2000 Purchase by Z from X 300
Sales 20000 Opening stock of X 50
Net indirect taxes 800 Closing stock of X 100
Purchase of raw materials from other firms 2000 Change in stock of Y 70
Purchase of fuel and energy 200 Exports by Y 30
Consumption of fixed capital 600 Net exports by X (-)100
Rent of land and buildings 700 Answers
Wages and salaries 13500 1. (a)16000,4000,3000 (b) 13000
Interest payments 2200 2. 40,000
Dividends 1500 3. 80
Company gains tax/ profit tax 300 4. 6500
Undistributed profit 200 5. 33
25. Calculate 6. 650
(1) Value added by firm A and firm B 7. 800
(2) Gross domestic product at Market prices 8. 14
Exports by firm A 30 9. 900
Imports by firm A 50 10. 2490
Sales to households by firm A 90 11. 240
Sales to ‘B’ by ‘A’ 40 12. 80
Sales to A by ‘B’ 30 13. 1485
Sales to households by ‘B’ 60 14. 400
26. Calculate gross domestic product at Market price 15. 540
and gross national product at factor cost: 16. 1000
Net value added at Market price by: 17. 380
(1) Primary sector 200 18. 600
(2) Secondary sector 150 19. 1000 , 370
(3) Tertiary sector 200 20. 280
Net exports 100 21. 1330
Indirect taxes (GST) (-)400 22. 110
23. 250
24. 22000 , 19200, 18400
25. 80, 50, 130
26. 610 , 1060
27. 350
