Answer:

NDP at FC = Gross domestic fixed investment + Inventory investment – Depreciation – indirect taxes + subsidies + consumption

expenditure

= 10,000 + 5,000 - 2,000 - 1,000 + 2,000 + 20,000 = INR 34,000

Explanation:

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Answer :

The NDPFC is 47,000 crore.

Explanation :

In this question, we are given the values of different components of the national income of a country for a particular period of time, and we are asked to find out the NDPFC (Net Domestic Product at Factor Cost) for the same period.

The given values are:

(i) Gross domestic fixed investment = 10,000 crore

(ii) Inventory investment = 5,000 crore

(iii) Depreciation = 2,000 crore

(iv) Indirect taxes = 1,000 crore

(v) Subsidies = 2,000 crore

(vi) Consumption expenditure = 20,000 crore

(vii) Residential construction investment = 6,000 crore

The equation to find NDPFC from the given data is:

NDPFC = GDP - Indirect taxes + Subsidies

where,

GDP = Gross domestic fixed investment + Inventory investment + Depreciation + Indirect taxes + Consumption expenditure + Residential construction investment

Substituting the given values, we get:

NDPFC = (10,000 + 5,000 + 2,000 + 1,000 + 20,000 + 6,000) - 1,000 + 2,000

Simplifying the above expression, we get:

NDPFC = 47,000 crore

Therefore, the NDPFC is 47,000 crore.

To know more about the concept please go through the links :

https://brainly.in/question/52354110

https://brainly.in/question/9373917

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