Question

calculate GNPfc
1.Paeticular. Rs25000
2.Consumption of fixed capital
Rs5000
3.Indirect taxs. Rs130
4.subsidies Rs30
5.factor income from abroad Rs400
6.Factor income from ROW Rs600​

Answer 1

Answer:

Formula: Indirect tax = NDP at FC - GNP at MP + Consumption of Fixed capital + Factor income from abroad - Factor income to abroad

= 55915 - 58350 + 1625 + 635 - 865

=( - ) 1040.