Question

Calculate GVAfc,if sales=RS.180, subsidies=10,change in stock=RS.15,purchase of raw material=Rs.100 and profits=RS.25. ​

Answer 1

Answer:

Formula: Subsidies= GDP at FC - NNP at MP - Depreciation + Indirect taxes + Factor income from abroad - Factor income to abroad

= 55000 - 55000 - 2500 + 4000 + 1300 - 600

= 2200.