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Define domestic income (NDP(FC))....


Define domestic income `(NDP_(FC))`.

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It refers to the net value added (NVA) of all the final goods and services produced within the domestic territory of a country earned by factors of production during a period of one year.
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Find NDP_(FC)

Mention the situations in which following equations will hold true: (i) National Income = Domestice Income (ii) GDP_(FC) gt GDP_(MP) (iii) NNP_(FC) lt NDP_(FC) (iv) GDP_(FC) = GDP_(MP) (v) Domestic Income is greater than National Income.

Compute Domestic Income :

Determine the missing items in the following cases : (i) GNP_(FC) = GNP_(MP) - ? (ii) ? = National Income - Domestic Income (iii) GDP_(FC) = ? + Depreciation (iv) NDP_(FC) = ? - Depreciation - Net Indirect Tax

Calculate NDP_(FC)