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0 votes
29.6k views
in Economics by (76.1k points)

Calculate (a) GDPmp (b) Factor income from abroad from the following data:

(i) Profits 500
(ii) Exports  40
(iii) Compensation of employees 1500
(iv) GNP fc 2800
(v) Net current transfer from ROW 90
(vi) Rent  300
(vii) Interest  400
(viii) Factor income to abroad  120
(ix) NDCF 650
(x) GDFCF 700
(xi) Change in stock  50

1 Answer

+1 vote
by (74.3k points)
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Best answer

Depreciation = GDCF – NDCF 

 = 700 +50 – 650 =100 

GDP mp = iii + vi+ vii+ i +dep + NIT 

 = 1500 + 300 +400 +500 + 100 + 0 

GDPmp = 2800 

NFIA = GNPfc – GDPfc 

0 = 2800 – 2800 NFIA 

= FI from ROW – FI to ROW 

 0 = X – 120 

FA from ROW = 120 

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