1.

(a) Derive NDPfc from GDPmp. (b) Calculate gross fixed capital formation: NDPfc=5500 Depreciation = 100 Private final consumption expenditure =1200 Government final consumption expenditure =1000 Net imports =700 Subsidies =40 Decrease in stock =-200

Answer»

(a) Derive NDPfc from GDPmp.

(b) Calculate gross fixed capital formation:

NDPfc=5500

Depreciation = 100

Private final consumption expenditure =1200

Government final consumption expenditure =1000

Net imports =700

Subsidies =40

Decrease in stock =-200



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