Question

write the formula of net national product at factor cost (NDPfc)​

Answer 1

Answer:

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Explanation:

NNP

fo

= Wages and salaries +social security contribution by employers + rent and royalty+ profit+ interest- net factor income to abroad

=800+100+300+500+400-50

=Rs2050Arab

Also, Gross National Disposable Income=NNP

fo

+NIT-net current transfers to the rest of the world+consumption of fixed capital

=2050+250-(30)+200

=Rs2530Arab.

Answer 2

Answer:

NNPFC = GNPMP - Depreciation - Net Indirect Tax