Question

Suppose in an imaginary economy GDP at Market Price in a particular fiscal year wa 5,000 crores, National Income was 3,500 crores, Net Factor Income paid by the economy to Rest of the World was 450 crores and the value of Net Indirect Taxes is 500 Crores. Estimate the value of consumption of fixed capital for the economy from thegiven data.

Answer 1

Answer:

Income paid by the economy to Rest of the World was Rs. 400 crores and the value of Net Indirect Taxes Price in a particular fiscal year wa 5000 crores, National ... crores, Net Factor Income paid by the economy to Rest of GDPMP = NNPFC + Depreciation - NFIA + NIT 1,100 = 850 + Depreciation - 100 + 150 Depreciation = Rs. 200 crores.

Thanks..

Answer 2

Explanation:

these is your ans

thanks