Calculate 1) GNP at FC 2) Subsidies - Economics - National Income Accounting

Question

Calculate 1) GNP at FC
2) Subsidies

Sirjan Arneja · Accepted Answer

Dear Student,

NDPFC= Compensation of employees+ Rent & Royalty+ Interest+ Profits+ Mixed Income              = (100+1700)+200+200+(400+150)+0              = 1800+200+200+550 =2750

NNPFC=NDPFC+NFIA             = 2750+(0-20) =2730

GNPFC=NNPFC+Depreciation              =2730+100=2830Net Indirect Taxes= Taxes- Susidies                                 =200-xGNPMP=GNPFC-Net Indirect Taxes2800=2830-(200-x)2800=2630+xx=170=Subsidies
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