Question
From the following data, calculate GNP at MP and NNP at FC.
|
(र in crores) |
||
|
(i) |
Government purchase of goods and services |
48 |
|
(ii) |
Net indirect taxes |
46 |
|
(iii) |
Depreciation |
44 |
|
(iv) |
Gross investment |
48 |
|
(v) |
Net export |
- 8 |
|
(vi) |
Personal consumption expenditure |
322 |
|
(vii) |
Net factor income from abroad |
- 2 |
|
(viii) |
Inventory investment |
6 |
Solution
GNP at MP = 48 + 48 + (- 8) + 322 + (- 2) = 408 crores
NNP at FC = 408 - 44 - 46 = 318 crores
