From the following data for Country X, you are required to calculate: i.GDP at factor cost (6
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Question:
From the following data for Country X, you are required to calculate:
i.GDP at factor cost(6 marks)
ii.GNP at factor cost(2 marks)
iii.NNP (2 marks)
Total consumer expenditure400 000
Government spending148 000
Gross domestic capital formation160 000
Value of physical increases in stock8 000
Export of goods72 000
Import of goods68 520
Subsidies5 560
Taxes on expenditure6 960
Capital consumption22 000
Income from abroad31 600
Income paid abroad29 600
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