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Questions No. 8.
Y Calculating Net National Product at Factor Cost from
the following data:
Particulars
Rs. in crores
(U Private final consumption expenditure
290
(ii) Government final consumption expenditure
50
(iii) Subsidies
20
(iv) Gross domestic fixed capital formation
105
(v) Indirect taxes
70
45
(vi) Depreciation provision 45
(vii) Net factor income from abroad (-5)
(viii) Net addition to stocks
15
(ix) Net exports (-5)
Answers
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Answer:
Economics is the study of how humans make decisions in the face of scarcity.
Answered by
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Answer:
iv) Gross domestic fixed capital formation 105
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