Calculate Domestic Income.
(i) GNP at FC-2,700crores
(ii) Indirect Taxes-60crores
(iii) Factor income from abroad-150crores
(iv) Factor income to abroad-180crores
(v) Replacement of Fixed Capital-150 crores
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Answered by
3
Answer:
(net factor income from abroad). Net national product (NNP): It can be derived by subtracting depreciation allowance from GNP. It can also be found out by adding the NFIA to the NDP
Answered by
2
Answer:
Formula:
NDP at FC = GNP at FC - Replacement of Fixed Capital - (Factor income from abroad - Factor income to abroad)
= GNP at FC - Replacement of Fixed Capital -Factor income from abroad + Factor income to abroad
= 2700 - 150 - 150 + 180
= 2580.
Explanation:
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