I want the solution for this
Dear student,
We will be making use of the following formulae :
GNPFC = GDPFC + NFIA
NNPMP = GNPMP - Depreciation
NNPFC = NNPMP - Net indirect taxes
NFIA = Factor income from abroad - Factor income to abroad
Net Indirect Taxes = Indirect taxes - Subsidies
Net Indirect Tax = 35-25 =10
NFIA = -60
NNPfc = NNPmp - Net Indirect taxes
= 1080 - 10
= 1070
Therefore , GNPfc = NNPfc + depreciation
= 1070 + 150
= 1220
GDPfc = GNPfc - NFIA
= 1220 - (-60)
= 1280
NDPfc = GDPfc - Depreciation
= 1280 - 150
= 1130
Regards,
We will be making use of the following formulae :
GNPFC = GDPFC + NFIA
NNPMP = GNPMP - Depreciation
NNPFC = NNPMP - Net indirect taxes
NFIA = Factor income from abroad - Factor income to abroad
Net Indirect Taxes = Indirect taxes - Subsidies
Net Indirect Tax = 35-25 =10
NFIA = -60
NNPfc = NNPmp - Net Indirect taxes
= 1080 - 10
= 1070
Therefore , GNPfc = NNPfc + depreciation
= 1070 + 150
= 1220
GDPfc = GNPfc - NFIA
= 1220 - (-60)
= 1280
NDPfc = GDPfc - Depreciation
= 1280 - 150
= 1130
Regards,