10 From the following information compute GNPmp. GDPfc = 3000, Net factor income to abroad =200, Indirect taxes = 420, Subsidies = 240
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Answer:
GNP(at MP)= 2980
Calculation:
Formula: GNP(at MP)= GDP(at FC) - Net factor income to abroad + Indirect Tax - Subsidies
= 3000 -200 +420 -240
= Rs 2960
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