DAY - 10/100 DAY SERIES | CLASS 12TH | ECONOMICS

📋 NATIONAL INCOME SHEET
🔗 PDF LINK : drive.google.c...

[@harmansingh7462]

Wowwwww soo pyaaari vdieooo🤌🏻

[@Akshatyadav100]

15:31 NDPfc - 42,500 hoga

[@IshanAgrawal-f4g]

Formula for NIT= Indirect tax - subsidy
From MP TO FC = -NIT
From FC TO MP = +NIT
From domestic to national = +NFIFA/-NFITA
From national to domestic =+NFITA/-NFIFA

[@RounakBajaj15]

15:27 answer is 42,500

[@Miliagrawal-21]

NIT = Indirect Taxes - Subsidies
Conversion: FC to MP = +NIT
Conversion: MP to FC = -NIT
NFIFA = FIFA - FITA
Conversion: DI to NI = +NFIFA/ -NFITA
Conversion: NI to DI = -NIFIFA/ +NFITA

[@Akshatyadav100]

1.MARKET PRICE ( MP) = FACTOR COST (FC) + INDIRECT TAX (IDT) - SUBSIDY
2. FACTOR COST (FC) =MARKET PRICE (MP)- INDIRECT TAX (IDT)+SUBSIDY
NFIA = Factor Income received from Abroad - Factor Income paid to abroad
National income=domestic income+ NFIA (factor income from abroad-factor income to abroad)
Domestic income= national income - NFIA ( factor income from abroad is less than factor income paid to abroad)

[@latikabalani0910]

42,500

[@MahekVidhani05]

Q1:NDP at FC = 42,500
Q2:NIT ( Net Indirect Taxes) = IDT (Indirect taxes) - Subsidies
1) MP - NIT = FC
2) FC + NIT = MP
Q3:NFIFA / NFITA= FIFA ( Factor Income from abroad) - FITA ( Factor Income paid to abroad)
NFIFA = FIFA>FITA
NFITA = FIFA

[@vyomanand6244]

NDPfc = 43500

[@AtharvaSadaphal]

15:27 *Galat haii sir*
GDPmp 50,000
-4500 (IDT)
+2000 (Subsidy)
GDPfc = 47,500
-5000 (Depreciation)
NDPfc = 42,500 FINAL ANSWERE.!!
Edited: QUESTIONS :-
NIT FORMULA FROM MP TO FC = (-)NIT
NIT FORMULA FROM FC TO MP = (+)NIT
NFITA FORMULA FROM DOMESTIC TO NATIONAL = (-)FITA (+)FIFA
NFITA FORMULA FROM NATIONAL TO DOMESTIC = (-)FIFA (+)FITA