Question

calculate net domestic product at factor cost and gross national product at market price from the following data. (I) indirect taxes 20 (ii) private final consumption expenditure 250 (III) net factor income from abroad 15 (IV) government final consumption expenditure 50 (v) consumption of fixed capital 25 (vi) net exports (-) 10 (vii) subsidies 10 (viii) net domestic capital formation 30 ​

Answer 1

Answer:

GPDmp = 250+50+(30+25) + (-10)

= 300 + 55 - 10

= 345

NDPfc = GDPmp - dep - NIT

= 345 - 50 - (20-10)

= 295 - 10

= 285 crores