From the given data calculate gross national product at market price net domestic product at factor cost indirect tax 300 sales 4000 opening stock 400 closing stock 200 net factor income to abroad 60 subsidies for consumption of fixed capital hundred intermediate cost 2000
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Formula: NDP(at FC) = Gross national product at market price- Depreciation - Net Factor income from abroad - Indirect tax +Subsidies
= 58350 - 1625 + 240 -2590 +1540
= 55915.
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