Question

in crores
600
350
200
160
18. Calculate GNP at MP.
Particulars
(i) Employee Compensation
(ii) Rent and interest
(iii) Profit
(iv) Indirect Tax
(v) Consumption of fixed capital
(vi) Mixed Income of the self-employed
(vii) Subsidies
(viii) Net current transfers from rest of the world
(ix) Net Factor income from abroad
200
850
40
850
(-)100
​

Answer 1

ANSWER :

GNP mp = 2,220

EXPLANATION :

GNP mp = Employee Compensation + Rent and interest + Profit + Indirect Tax + Mixed Income of the self-employed - Subsidies - Net Factor income from abroad

= 600 + 350 + 200 + 850 - (-100) + 120

GNP mp = 2,220