a. GNPfc = 5000 b. Replacement Cost = 500 c. NIT = 300 d. Net Factor income to abroard= 1500. Find NDPmp
Dear Student,
NDPMP = GNPFC - Replacement cost (Depreciation) + Net Indirect Tax - net factor payment from abroad ( Factor income from abroad - factor income to abroad)
= 5000 - 500 + 300 - (- 1500)
= 4800 + 1500
= 6300
Regards.
NDPMP = GNPFC - Replacement cost (Depreciation) + Net Indirect Tax - net factor payment from abroad ( Factor income from abroad - factor income to abroad)
= 5000 - 500 + 300 - (- 1500)
= 4800 + 1500
= 6300
Regards.