Calculate Gross National Product at Factor Cost Rent ₹ 400 Compensation of employees ₹ 3,000
Solution:- Calculation of Net Domestic Product at Factor Cost: NDP at FC = Compensation of Employees + Mixed Income of Self-Employed + Rent + Interest + Profits NDP at FC = ₹ 3,000 + ₹ 6,000 + ₹ 400 +…