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Calculate GDP(mp) and GNP(fc) from the f...

Calculate `GDP_(mp)` and `GNP_(fc)` from the following data:
(i) Operating surplus 700
(ii) Profit 100
(iii) Wages and saleries (cash) 1000
(iv) Intrest 200
(v) Consumption of fixed capital 50
(vi) Net factor income from abroad (-)10
(vii) Value of benefits in kind provided to employees 200
(viii) Goods and services tax 150
(ix) Subsidies 10

Text Solution

Verified by Experts

The correct Answer is:
`GDP_(mp)=rs2090` crore, `GNP_(fc)=rs1,940`
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