calculate GDP at market prices and GNP at factor cost

Posted on 2014-03-20 10:38:00 in Economics by YOKOMATA

calculate GDP at market prices, and GNP at factor cost and at market prices for the year 2004-05 for the USA economy the information given below:-

GDP at factor cost = $. 28,30,465 million

Indirect taxes less subsidies  = $.  2,75,047 million

Net factor income from abroad  = $. (-)17,707 million

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