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Calculate GNP at Market Price : {:(,,"(Rs. Arab)"),("(i) Mixed income of self-employed",,"80"),("(ii) Goods and services Tax (GST)",,"60"),("(iii) Social securitycontribution by employees ",,"10"),("(iv) Consumption of fixed capital ",,"50"),("(v) Rent",,"40"),("(vi) Compensation of employees ",,"100"),("(vii) Net factor income to abroad ",,"(-) 10"),("(viii) Retained profits",,"5"),("(ix) Interest",,"50"),("(x)Dividends ",,"35"),("(xi) Corporation tax ",,"20"),("(xii) Subsidies",,"5"):} |
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Answer» Solution :`GNP_(mp)=vi + v + IX + (viii + x + "xi") + i - VII + iv+ ii -" XII"` `100+40+50+(5+35+20)+80-(-10)+50+60-5` = Rs. 445 Arab |
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