{"id":121564,"date":"2022-05-18T12:26:43","date_gmt":"2022-05-18T06:56:43","guid":{"rendered":"https:\/\/www.mapsofindia.com\/my-india\/?p=121564"},"modified":"2022-05-18T12:26:43","modified_gmt":"2022-05-18T06:56:43","slug":"a-from-the-following-data-calculate-the-value-of-domestic-income-b-distinguish-between-value-of-output-and-value-added","status":"publish","type":"post","link":"https:\/\/www.mapsofindia.com\/my-india\/education\/a-from-the-following-data-calculate-the-value-of-domestic-income-b-distinguish-between-value-of-output-and-value-added","title":{"rendered":"a) From the following data calculate the value of Domestic Income:  b) Distinguish between \u2018Value of Output\u2019 and \u2018Value Added\u2019."},"content":{"rendered":"<h2>a) From the following data calculate the value of Domestic Income:<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-121531 size-full\" src=\"https:\/\/www.mapsofindia.com\/ci-moi-images\/my-india\/2022\/05\/5-40.png\" alt=\"\" width=\"487\" height=\"235\" srcset=\"https:\/\/www.mapsofindia.com\/ci-moi-images\/my-india\/2022\/05\/5-40.png 487w, https:\/\/www.mapsofindia.com\/ci-moi-images\/my-india\/2022\/05\/5-40-150x72.png 150w, https:\/\/www.mapsofindia.com\/ci-moi-images\/my-india\/2022\/05\/5-40-300x145.png 300w, https:\/\/www.mapsofindia.com\/ci-moi-images\/my-india\/2022\/05\/5-40-485x235.png 485w\" sizes=\"auto, (max-width: 487px) 100vw, 487px\" \/><\/p>\n<h2>b) Distinguish between \u2018Value of Output\u2019 and \u2018Value Added\u2019.<\/h2>\n<h3>Answer.<br \/>\na) Domestic Income (NDP@fc) =(i)+(ii)+(iv)+(vii)+(viii)+(x)<br \/>\n=\u20b92000+\u20b9800+\u20b9460+\u20b9940+\u20b9300+\u20b9200<br \/>\n=\u20b94,700 crore<br \/>\nb) Value of output is the estimated money value of all the goods and services, inclusive of change in stock and production for self-consumption. Whereas, Value added is the excess of value of output over the value of intermediate consumption.<\/h3>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>a) From the following data calculate the value of Domestic Income: b) Distinguish between \u2018Value of Output\u2019 and \u2018Value Added\u2019. Answer. a) Domestic Income (NDP@fc) =(i)+(ii)+(iv)+(vii)+(viii)+(x) =\u20b92000+\u20b9800+\u20b9460+\u20b9940+\u20b9300+\u20b9200 =\u20b94,700 crore b) Value of output is the estimated money value of all the goods and services, inclusive of change in stock and production for self-consumption. Whereas, Value [&hellip;]<\/p>\n","protected":false},"author":21830,"featured_media":121526,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":{"0":"post-121564","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-education"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts\/121564","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/users\/21830"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/comments?post=121564"}],"version-history":[{"count":1,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts\/121564\/revisions"}],"predecessor-version":[{"id":121565,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts\/121564\/revisions\/121565"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/media\/121526"}],"wp:attachment":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/media?parent=121564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/categories?post=121564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/tags?post=121564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}