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QUESTION 1 a) Given the following data of a country: Items Millions Agriculture 488 Fishing 300 Forestry 315 Manufacturing 755 Construction 656 Banking, insurance and

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QUESTION 1 a) Given the following data of a country: Items Millions Agriculture 488 Fishing 300 Forestry 315 Manufacturing 755 Construction 656 Banking, insurance and real estate 777 Other services 200 Physical increase in stock 312 Indirect taxes 56? Subsidies 340 Factor income from abroad 635 Factor payment to abroad 311 Depreciation 355 By using the Product Approach, calculate: i) Gross Domestic Product (GDP) at market price (3 marks) ii) Gross Domestic Product (GDP) at factor cost (3 marks) iii) Gross National Product (GNP) at factor cost (3 marks) iv) Net National Product (NNP)

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