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The table below shows Gross Domestic Product (GDP) by category of expenditure. JA ($Million) Consumer expenditure 280 Government final consumption 750 Gross domestic fixed capital

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The table below shows Gross Domestic Product (GDP) by category of expenditure. JA ($Million) Consumer expenditure 280 Government final consumption 750 Gross domestic fixed capital formation 700 New housing 80 Export of goods and services 880 Import of goods and services 1000 Taxes on expenditure 700 Receipt of factor income from rest of the world 400 Subsidies 120 Payment of factor income to the rest of the world 300 Capital consumption 350 From the information in the table, calculate: a) Net export [4 marks] b) Gross domestic product (GDP) at the market price [5 marks ] Gross domestic product (GDP) at factor cost [5 marks ] d) Gross national product (GNP) at factor cost [5 marks ] e) Net national product (NNP) at factor cost [6 marks ]

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