Question
From the following data, calculate (a) GDP at FC, and (b) Factor income to abroad.
(र in 1000 crore) |
||
(i) |
Compensation of employees |
800 |
(ii) |
Profits |
200 |
(iii) |
Dividends |
50 |
(iv) |
GNP at MP |
1400 |
(v) |
Rent |
150 |
(vi) |
Interest |
100 |
(vii) |
Gross domestic capital formation |
300 |
(viii) |
Not fixed capital formation |
200 |
(ix) |
Change in stock |
50 |
(x) |
Factor income from abroad |
60 |
(xi) |
Net indirect taxes |
120 |
Solution
(a) GDP at FC = NDP at FC + Depreciation
= (800 + 200 + 150 + 100) + (300 - 200 - 50)
= 1300 crore
(b) Net factor income from abroad = GNP at MP - GDP at MP
= 1400 - (1300 + 120) = - 20
Factor income to abroad = Factor income from abroad - Net factor income from abroad
= 60 - (- 20)
= 80 crore.