Question

Suppose the G.D.P.at market price of a country in a particular year was

Rs.1100 crores.Factor income from abroad is Rs.700 crores,whereas

factor income paid to abroad is Rs.600 crores.The value of G.ST.is Rs.

200 crores and grants given by government are Rs.50 crores.National

Income was Rs. 850 crores.Calculate the aggregate value of consumption

Of fixed capita​

Answer 1

Answer:

GDP

MP

=NNP

FC

+Depreciation−NFIA+NIT

1,100=850+ Depreciation −100+150

Depreciation =Rs.200 crores.