Question

0.56.Calculate (l) National Income (ii) Factor income from abroad
Items
in crores
Domestic Income
9450
Consumption of fixed 400
capital
GNPIP
10000
Subsidies
250
Indirect Tax
500
Factor income to abroad 500​

Answer 1

Answer:

of which class it is first tell this then I solve your query ok

Answer 2

Answer:

Domestic Income or NDP at FC = GDP at MP - Consumption of Fixed Capital - Indirect Taxes +Subsidies

= 70150 - 3100 - 5200 + 4000 = 65850

( b) National Income or NNP at FC = NDP at FC - Factor income to abroad + Factor income from abroad

= 65850 - 300 + 800

= 66350