When NNPmp=5330, indirect tax =1770,and consumption of fixed capital =1550 then GNP fc ?
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5
Answer:
5110
Explanation:
NNP at Market Price = 5330
Indirect Tax = 1770
Depreciation (consumption of fixed Capital) = 1550
GNP at Factor Cost = ?
NNPmp + Depreciation - Indirect Tax = GNPfc
5330 + 1550 - 1770 = GNPfc
5110 = GNPfc
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