--%>
Assignment Help - homework help

Estimating N.I. by product by value added technique

Describe the steps taken in estimating N.I. by product/ value added technique?

Answer:

A) Classify all production units: Locate the domestic territory into different industrial sectors that is, primary, secondary and tertiary sectors.

B) Estimate value of output: Since sum of sales and change in stock of all 3 sectors.

C) Estimate value of intermediate consumption: The sum of value of intermediate consumption of all 3 sectors.

D) Estimate GVAmp: Value of output – Intermediate consumption.

E) Estimate NVAmp: Deduct the value of depreciation from the GVAmp. (that is, NVAmp = NDPmp).

F) Estimate NDPfc: Subtract the value of Net Indirect Taxes from NDPmp.

G) Estimate NNPfc: Add the value of Net Factor Income from Abroad with NDPfc to arrive  NNPfc or the N.I.

   Related Questions in Microeconomics

  • Q : Problem on organizing the business The

    The individual who wants to begin up a business, however who not want to risk in losing personal property if the business fails, must organizes the business as: (1) Sole proprietorship. (2) Partnership. (3) Corporation. (4) Unlimited partnership.

    Q : Negative-positive coefficient in

    When you compute cross-elasticity of demand, what are you trying to find out?  What do a negative coefficient and a positive coefficient imply?

    		•
  • Q : Neoclassical Production and Costs

    Normal 0 false false

    		•
  • Q : Synonym of Word Inequity Of the given,

    Of the given, the closest synonym for the word inequity is: (w) inequality. (x) disproportional. (y) unfairness. (z) regressivity. Can someone explain/help me with best solution about problem of Economics

    		•
  • Q : Monopolist in the product market Can

    Can someone please help me in finding out the accurate answer from the following question. For a monopolist in a product market, the value of marginal product of the labor: (i) Equivalents the marginal revenue product of the labor

    		•
  • Q : Problem regarding borrowing from

    The main source of external funding employed when major American corporations contain expanded their operations in the precedent three decades has been: (1) Borrowing from commercial banks. (2) Selling the record amounts of latest corporate stock. (3) Borrowing via is

    		•
  • Q : Higher prices and lower output in market

    When a previously competitive industry becomes monopolized along with no consequence on market demand or the structure of production costs, the effect will be: (w) higher prices and greater output. (x) lower prices and greater output.

    		•
  • Q : Opportunity Costs to Society of Funding

    The clearest signals of the opportunity costs to society of funding one investment in place of another are relative: (w) interest rates, expected rates of return, and also expected economic profit. (x) production costs for various goo

    		•
  • Q : Pure competition in product and

    When no goods generate external costs or benefits within their consumption or production and when the income distribution is deemed acceptable, in that case economic efficiency is promoted through: (w) government inte

    		•
  • Q : Problem related to rises japanese yen

    Normal 0 false false

    		•