WebGDP at factor cost is the same as GDP at market prices less net indirect taxes. GDP at factor cost measures the money worth of output produced within a country's domestic constraints in a year as received by the factors of production. Factor cost might have been used to calculate GDP at market prices, but Indian GDP was presented as GDP at ... WebNov 20, 2024 · From the following data, calculate(a) Gross Domestic Product at Factor Cost (GDPFC) and(b) Factor income to abroad.Rs. (Crore)(i) Gross Domestic Capital …
Solved Question: Given the following data, calculate GDPFC
WebGDPMP + NFIA = GNPMP National Income (NNPFC) : is a measure of factor earnings of the residents of a country both from economic (Domestic) territory and from abroad during an accounting year. 51 XII – Economics AK NNPFC = NDPFC + NFIA = National Income. National Income at Current Prices (Nominal National Income) : It is the money value of … WebSolution. Gross domestic product at factor cost. (i) N DP fc = Compensation of employees + Profits + Rent + Interest. = 800 + 200 + 150 + 100 = 1250. Gross domestic capital … hiv suomessa
From the following data, calculate (a) Gross Domestic Product at Factor …
WebQuestion: Question: Given the following data, calculate GDPFC: Net domestic product at factor cost = OMR 25000 Cr Consumption of fixed capital = OMR 3000 Cr Question: Suppose the NDPFC of an economy is OMR 22000 crores and the net factor income from abroad is (- ) OMR 300 crores. Find out net national product at factor cost (NNPFC). WebVerified by Toppr. Factor Income to abroad= NDP at MP + Depreciation + Factor income from abroad - GNP at FC - Indirect Taxes + Subsidies. = 3700 + 480 + 400 - 4280 - 100 … WebNov 10, 2015 · 1. Methods of Calculating National Income. (i) Income method. (ii) Expenditure method. (iii) Product method or value added method or output method. 2. Income Method By this method, the total sum of the factor payments received during a given period is estimated to obtain the value of Domestic Income. Depending on the … hiv suchtest sensitivität