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ECONOMICS - Final Exam - Practice Question Calculate (a) Net National Product at market price, and (b) Gross Domestic Product at factor cost : Rent
ECONOMICS - Final Exam - Practice Question
Calculate (a) Net National Product at market price, and (b) Gross Domestic Product at factor cost :
- Rent and interest 6,000
- Wages and salaries 1,800
- Undistributed profit 400
- Net indirect taxes 100
- Subsidies 20
- Corporation tax 120
- Net factor income to abroad 70
- Dividends 80
- Consumption of fixed capital 50
- Social security contribution by employers 200
- Mixed-income 1,000
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