Find GDPfc from the following information: a Net factor income paid to abroad = 1000 b Replacement cost = 500 - Economics - Introduction

Question

•Find GDPfc from the following information: a Net factor
income paid to abroad = 1000 b Replacement cost = 500 c NNPmp =
20,000 d Grants = 900 e Net factor income received from abroad= 700

Prateek Bansal · Accepted Answer

Dear Student

GDPFC = NNPMP + Replacement cost (
Depreciation)- net factor income from abroad ( Factor income from
abroad - factor payment to abroad) - Net Indirect Tax
= 20000 + 500 - (700 - 1000) - 0
= 20500 - (-300)
= 20800

Regards

•Find GDPfc from the following information: a.Net factor income paid to abroad = 1000 b.Replacement cost = 500 c.NNPmp = 20,000 d.Grants = 900 e.Net factor income received from abroad= 700