From the following data, Calculate Gross National Product at Market Price Dividends 300 Compensation of Employees 3,000
Solution:- Calculation of Net Domestic Product at Factor Cost NDP at FC = Compensation of Employees + Mixed Income + Rent + Interest + Profit NDP at FC = ₹ 3,000 + ₹ 5,000 + ₹ 500 + ₹ 800…