Suppose the GDP at market price of a country in a particular year was

1.	Suppose the GDP at market price of a country in a particular year was Rs 1,100crores. Net Factor Income from Abroad was Rs 100crores. The value of Indirect taxes - Subsidies was Rs 150crores and National Income was Rs 850crores. Calculate the aggregate value of depreciation.
Answer» National Income(NNP_FC) = Rs.850crores GDP_MP =Rs. 1100crores Net factor income from abroad = Rs.100crores Net indirect taxes = Rs.150crores NNP_FC = GDP_MP + Net factor income from abroad - Depreciation - Net indirect taxes Putting these values in the formula, 850 = 1100 + 100 - Depreciation – 150 850 = 1100 - 50 – Depreciation 850 = 1050 – Depreciation Depreciation = 1050 - 850 = Rs.200crores So, depreciation is Rs.200crores.

Suppose the GDP at market price of a country in a particular year was Rs 1,100crores. Net Factor Income from Abroad was Rs 100crores. The value of Indirect taxes - Subsidies was Rs 150crores and National Income was Rs 850crores. Calculate the aggregate value of depreciation.

Answer»

National Income(NNP_FC) = Rs.850crores

GDP_MP =Rs. 1100crores

Net factor income from abroad = Rs.100crores
Net indirect taxes = Rs.150crores

NNP_FC = GDP_MP + Net factor income from abroad - Depreciation - Net indirect taxes Putting these values in the formula,

850 = 1100 + 100 - Depreciation – 150
850 = 1100 - 50 – Depreciation
850 = 1050 – Depreciation
Depreciation = 1050 - 850 = Rs.200crores
So, depreciation is Rs.200crores.

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Suppose the GDP at market price of a country in a particular year was Rs 1,100crores. Net Factor Income from Abroad was Rs 100crores. The value of Indirect taxes - Subsidies was Rs 150crores and National Income was Rs 850crores. Calculate the aggregate value of depreciation.

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