Question

FORMULA TO CALCULATE NDP at FC and MP

ANSWER ASAP!!!​

Answer 1

Answer:

Calculate (a). NDP at FC- Expenditure Method

• Gross Domestic Product (GDP) at Market Price (MP) = Private Final Consumption Expenditure (+) Private Final Investment Expenditure (+) Government Final Expenditure (+) Net Exports.
• NDP at MP = GDP at MP (+) NFIA [Net Factor Income from Abroad]
• NDP at FC =

Answer 2

Answer:

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