Economy, asked by yukty, 6 months ago

GNP at market price=6000, subsidies=200, depreciation=100, factor income received

from abroad=400, indirect tax=300. Calculate NDP at factor cost.

Answers

Answered by devibabita00000

1

Answer:

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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