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answer pls 1. Define the main components of the gross domestic product (GDP) and gross national product (GNP) and differentiate them. [4 marks] 2. The

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1. Define the main components of the gross domestic product (GDP) and gross national product (GNP) and differentiate them. [4 marks] 2. The data below shows the value of economic activities of a country in 2020. ITEMS RM (Million) Consumption expenditure 200 Wages and Salaries 84 Subsidies Depreciation Fishery and farming Taxes on expenditures Craft industries Other services Employment providence funds Agricultural and forestry 236 Net factor income from abroad Electricity, gas and water supply 52 Export 186 Manufacturing 265 Indirect tax Undistributed profit Calculate: a) Gross Domestic Product at market price (GDP mp) [4 marks] Gross Domestic Product at factor cost (GDP fc) [2 marks] Gross National Product at market price (GNP mp) [1.5 marks] Gross National Product at factor cost (GNP fc) [2 marks] National Income [1.5 marks]

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