Calculate 'Net National Product at Factor Cost' from the following? | ||
(Rs. in Arab) | ||
(i) | Social security contributions by employees | 90 |
(ii) | Wages and salaries | 800 |
(iii) | Net current transfers to abroad | (-) 30 |
(iv) | Rent and royalty | 300 |
(v) | Net factor income to abroad | 50 |
(vi) | Social security contributions by employees | 100 |
(vii) | Profit | 500 |
(viii) | Interest | 400 |
(ix) | Consumption of fixed capital | 200 |
(x) | Net indirect tax | 250 |
Answer:
\[NP{{C}_{FC}}\] = Wages and Salaries + Social security contribution by employers + Rent and Royalty + Profit + Interest - Net factor income to abroad
\[=800+100+300+500+400-50\]
= Rs. 2050 Arab
You need to login to perform this action.
You will be redirected in
3 sec