Calculate Net Indirect Tax: GNPMP

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Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: National Income Accounting

Question:

Calculate Net Indirect Tax:

GNP_MP	15,000
NDP_FC	6,200
Depreciation	600
Net factor income from abroad	-(400)

Options:

8,600

9,600

10,600

8,800

Correct Answer:

8,600

Explanation:

Net indirect tax = NDP_MP - NDP_FC

Net indirect tax = (GNP_MP - depreciation - net factor income from abroad) - NDP_FC

Net indirect tax = 15,000 - 600 - (-400) - 6,200

Net indirect tax = 15,000 - 600 + 400 - 6,200

Net indirect tax = 8,600