Calculate Gross National Product at Factor Cost Rent ₹ 400 Compensation of employees ₹ 3,000
Calculate Gross National Product at Factor Cost:
| Particulars | ₹ |
| (i) Rent | 400 |
| (ii) Compensation of employees | 3,000 |
| (iii) Dividend | 200 |
| (iv) Change in Stock | 300 |
| (v) Net Factor income to abroad | 700 |
| (vi) Net Factor Taxes | 800 |
| (vii) Consumption of fixed Capital | 1,000 |
| (viii) Interest | 600 |
| (ix) Profits | 800 |
| (x) Mixed Income | 6,000 |
Anurag Pathak Changed status to publish December 21, 2023
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 + ₹ 600 + ₹ 800
NDP at FC = ₹ 10,800
Calculation of Gross National Product at Factor Cost:
GNP at FC = NDP at FC + Consumption of Fixed Capital – Net Factor income to abroad
GNP at FC = ₹ 10,800 + ₹ 1,000 – 700
GNP at FC = ₹ 11,100 Crore
Anurag Pathak Changed status to publish November 7, 2023
