Practicing Success
If, Gross Domestic Product at Market Price (GDPmp) = 2995 crore. Private final consumption expenditure = 1100 crore. Gross domestic fixed capital formation = 1000 crore. Government final consumption expenditure = 900 crore. Net imports = 75 crore.
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(-) 80 crore 80 crore 70 crore 75 crore |
70 crore |
GDPMP = Private final consumption expenditure + Government final consumption expenditure + Gross domestic capital formation + Net exports GDPMP = Private final consumption expenditure + Government final consumption expenditure + (Gross domestic fixed capital formation + Change in stocks) + Net exports 2995 crore = 1100 crore + 900 crore + (1000 crore + Change in stocks) + (-75 crore) 2995 crore = 2000 crore + 1000 crore + Change in stocks - 75 crore 2995 crore = 2925 crore + Change in stocks Change in stocks = 2995 crore - 2925 crore Change in stocks = 70 crore
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