Calculate gdp at market prices-gnp at market prices


Problem: Calculating GDP, GNP, Net National Product and National Income

                                                       Year 1    Year 5

Consumption                                      600        960
Investment                                         134        340
Property Income earned overseas          75        120
Property income paid overseas               95         95
Subsidies                                              55        110
Indirect Taxes                                       85        150
Exports                                                 80        150
Imports                                               105        125
Depreciation                                          70          90
Government Spending                           280        270

Calculate for both years :

1. GDP at market prices

2. GNP at market prices

3. GNP at factor cost

4. Net National Product

5. National Income

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Macroeconomics: Calculate gdp at market prices-gnp at market prices
Reference No:- TGS02105595

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