Question

in crores
National Income and Related Aggregates
4. Calculate GDP at MP.
Particulars
(i) National Income
(ii) Consumption of Fixed Capital
(iii) Factor income from abroad
(iv) Indirect Taxes
(v) Subsidies
(vi) Factor income to abroad
6.700
180
100
130
70
150
5. Calculate Domestic Income.
GDP at MP36​

Answer 1

Answer:

Formula: GDP at MP= National Income + Consumption of Fixed Capital + Factor income to abroad + Indirect Taxes - Subsidies

= 6700 + 180 + 150 + 130 - 70

= 7090.