CALCULATE GDP at MP BY INCOME METHOD AND NATIONAL INCOME BY EXPENDITURE METHOD FROM THE FOLLOWING DATA:-
COE-13,000
INDIRECT TAXES-3,700
GROSS FIXED CAPITAL FORMATION-6,300
INTEREST,RENT &PROFIT-5,000
GOVT. FINAL CONSUMPTION EXPENDITURE-3400
MIXED INCOME OF SELF EMPLOYED-16000
CHANGE IN STOCK-1000
IMPORTS-1800
EXPORTS-1700
PRIVATE FINAL CONSUMPTION EXPENDITURE-29000
SUBSIDIES-300
NFIA-250
​CONSUMPTION OF FIXED CAPITAL-2200
 

Calculation of GDP_MP​ by income method.
$$\begin{gathered} \mathrm{Gross} \mathrm{Domestic} \mathrm{Product} \mathrm{at} \mathrm{Market} \mathrm{Price}\left({\mathrm{GDP}}_{\mathrm{MP}}\right) = \\ \mathrm{Compensation} \mathrm{of} \mathrm{Employees} + \mathrm{Operating} \mathrm{Surplus}(\mathrm{Interest}, \mathrm{Rent} \& \mathrm{Profit}) + \mathrm{Mixed} \mathrm{Income} + \mathrm{Consumption} \mathrm{of} \mathrm{Fixed} \mathrm{capital} + \mathrm{Net} \mathrm{Indirect} \mathrm{Taxes} \\ = 13000 + 5000 + 16000 + 2200 + (3700-300) \\ = 34000 + 5600 \\ = 39600 \end{gathered}$$

Calculation of Net National Product At Factor Cost NNP _FC by Expenditure Method
NNP_​FC = Private Final Consumption Expenditure + Government Final Consumption Expenditure + Gross Domestic Fixed Capital Formation + Change In Stock + Net Exports - Depriciation - Net Indirect Taxes + NFIA
           = 29000 + 3400 + 6300 + 1000 + (1700 - 1800) - 2200 - (3700 - 300) + 250
          = 32400 + 7300 - 100 -2200 -3400 + 250
          = 39600 - 5600 + 250
         = 34250
* Net Exports = Exports - Imports
* Net Indirect Taxes = Indirect Taxes - Subsidies