calculate net Domestic product at factor cost NNP at mp= 1500 , indirect texes = 50 ,subsidy = 30 ,net factor income from abroad
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Answer:
NDP at FC = 1480-net factor income from abroad
Explanation:
NNP - NFIA - NIT = NDP at FC
1500 - NFIA - (50-30) = NDP at FC
1500-20- NFIA = NDP at FC
1480- NFIA = NDP at FC
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