Question

calculate Gross Domestic Product at market price and factor income from abroad from the following data profit 500 export 40 compensation of employees 1500 Gross National Product at factor cost 2800 net current transfers from the rest of the world 90 rent 300 interest 400 factor income to abroad 120 net indirect taxes 250 net domestic capital formation 650 gross fixed capital formation change instock 50​

Answer 1

Answer:

GDP rate is depend on national transaction. we can't add the profit of foreign goods.