| Calculate 'Net National Product at Factor Cost' from the following? | ||
| (Rs. in Arab) | ||
| (i) | Social security contributions by employees | 90 |
| (ii) | Wages and salaries | 800 |
| (iii) | Net current transfers to abroad | (-) 30 |
| (iv) | Rent and royalty | 300 |
| (v) | Net factor income to abroad | 50 |
| (vi) | Social security contributions by employees | 100 |
| (vii) | Profit | 500 |
| (viii) | Interest | 400 |
| (ix) | Consumption of fixed capital | 200 |
| (x) | Net indirect tax | 250 |
Answer:
\[NP{{C}_{FC}}\] = Wages and Salaries + Social security contribution by employers + Rent and Royalty + Profit + Interest - Net factor income to abroad
\[=800+100+300+500+400-50\]
= Rs. 2050 Arab
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