Evample 8. Calculate Factor Income to abroad.Particularsin crores(1) GNP at MP4,500(ii) Replacement of Fixed Capital(iii) Indirect Taxes(iv) Subsidies(v) Factor Income from abroad100300200700(vi) NDP at FC3,900Solution:

We need to calculate the value of factor income to abroad. We know that factor income to abroad is…

Example 8. Calculate Factor Income to abroad. Particulars in crores (1) GNP at MP 4,500 () Replacement of Fixed Capital (ii) Indirect Taxes (iv) Subsidies (v) Factor Income from abroad (vi) NDP at FC 100 300 200 700 3,900 Solution:

Example 8. Calculate Factor Income to abroad. Particulars in crores (1) GNP at MP 4,500 () Replacement of Fixed Capital (ii) Indirect Taxes (iv) Subsidies (v) Factor Income from abroad (vi) NDP at FC 100 300 200 700 3,900 Solution:

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter3: Demand And Supply

Section: Chapter Questions

Problem 47CTQ: Agricultural price supports result in governments holding large inventories of agricultural...

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Question

Evample 8. Calculate Factor Income to abroad.
Particulars
in crores
(1) GNP at MP
4,500
(ii) Replacement of Fixed Capital
(iii) Indirect Taxes
(iv) Subsidies
(v) Factor Income from abroad
100
300
200
700
(vi) NDP at FC
3,900
Solution:

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