Question

•calculate calculate GNP at MP
-indirect tax 200 crores
-consumption of fixed capital hundred crores
-factor income to abroad 250 crores
-factor income from abroad 320 crores
-rent 250 crores
-dividend 220 crores
-Mixed income 120 crore
-saving of private corporate sector 200 crores
-interest hundred crores
-subsidies 200 crores
-compensation of employees 500 crores
-corporate tax 400 crores​

Answer 1

Answer:

NNP at FC = rent + dividend + mixed income+ interest +saving of private corporate sector+ compensation of employees (COE) +corporate tax+ NFIA

NNP at FC = ₹1,860 cr.

GNP at MP = NNP at FC + consumption of fixed cap. + NIT

GNP at MP = ₹1,960 cr

Explanation:

hope it helps.

Answer 2

The value of GNP at MP is Rs. 1960 crore.

Given:

Indirect tax 200 crores

Consumption of fixed capital hundred crores

Factor income to abroad 250 crores

Factor income from abroad 320 crores

Rent 250 crores

Dividend 220 crores

Mixed income 120 crore

Saving of private corporate sector 200 crores

Interest hundred crores

Subsidies 200 crores

Compensation of employees 500 crores

Corporate tax 400 crores​

To Find:

GNP at MP

Solution:

Using the formula for -

GNP(MP)  = NDP(FC) + depreciation + net indirect taxes – net factor income to abroad

Calculating NDP(FC) - Rent + Dividend + Mixed income + Susidies + Savings + COE + CT

NDP(FC) = 250 + 220 + 120 + 200 + 100 + 500 + 400

NDP(FC) = 1790

Calculating GNP at MP -

GNP (MP) = NDP + Interest + ( Factor income from Abroad - Factor income to abroad)

GNP(MP) = 1790 + 100 + 70

GNP(MP) = 1960 crore.

The value of GNP at MP is Rs. 1960 crore.

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