What would be national domestic product at factor cost

Reference no: EM133596452

Problem: Suppose GDP at Market Price is $ 13500, Consumption expenditure is $1500, Government expenditure is $500, net exports are $400, Imports are $280. If, Net Factor Income from Abroad is $ 1000, Rent = $ 1200, Interest $ 1300, Mixed Income of Self Employed = $ 3500, Profit = $ 5000. What would be National Domestic Product at Factor Cost?

Reference no: EM133596452

Questions Cloud

Why is it important to reflect on these matters : Describe in detail one event, experience, or person you believe influenced how you think and feel politically and why

What the main welfare impacts of the tax on carbon emissions : What would be the main welfare impacts of the tax on carbon emissions? Who pays more tax? Will there be a large deadweight loss? Explain briefly.

How the filibuster operates : How the filibuster operates? Why or why not? Be specific, and note what the costs of your choice are (ie: not changing the rules makes the public feel like

Constitution provisions for limited government : Why were the Framer's committed to limited government? List, explain and give examples of the Constitution's provisions for limited government.

What would be national domestic product at factor cost : Suppose GDP at Market Price is $ 13500 Consumption expenditure is $1500, Government expenditure is $500. What would be National Domestic Product at Factor Cost?

Compare womens roles in your own culture : Compare womens roles in your own culture or society, to traditional First Nations women's roles or areas of influence. From Rivard

What would have been the exports : Suppose GDP at Market Price is $4,000, consumption expenditure is $1500, government expenditure is $500. What would have been the Exports?

What is a specific real-life example of physical capital : What is a specific real-life example of physical capital that is employed by a specific business firm in their transformation process today.

What is the great saying used in retail sales : Who made the comment about "the hardest thing in the world, is income tax?" What is the first thing you need to handle your musician's business?

User Account

All Pages