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You have to know that Gross includes Depreciation... And market price includes all the taxes...
So...for calculation..
You have to add depreciation to domestic income, i.e; NDP at FC + depreciation....you will now get GDP at FC...
Factor cost doesn't include Net Indirect TAX...so you have to add that...and you'll get the answer....
NDP at FC + depreciation + NIT = GDP at MP
What else can I help you with?
How can you convert GDP at mp into GDP at fc?
G=G D=D P=P mp=fc-NIT G=G D=D P=P mp=fc-NIT
How do you calculate the GDP gap?
How to calculate potential gdp and natyral rate of unemployment?
How to calculate the GDP deflator?
To calculate the GDP deflator, divide the nominal GDP by the real GDP and multiply by 100. The formula is: GDP Deflator (Nominal GDP / Real GDP) x 100. This measure helps adjust for inflation and shows how much prices have changed over time.
How do you calculate GDP deflater?
GDP Deflator = Nominal GDP/Real GDP x 100.
How do you calculate the equilibrium level of GDP?
at the equilibrium level of GDP + formula
How can you convert GDP at mp into GDP at fc?
G=G D=D P=P mp=fc-NIT G=G D=D P=P mp=fc-NIT
How do you calculate the GDP gap?
How to calculate potential gdp and natyral rate of unemployment?
How do you calculate percent change in normal GDP?
It is 100*(New GDP - Old GDP)/Old GDP
How to calculate the percentage change in real GDP?
[ (GDP 2006 - GDP 2005) / GDP 2005] X 100 ---- ----
How to calculate the GDP deflator?
To calculate the GDP deflator, divide the nominal GDP by the real GDP and multiply by 100. The formula is: GDP Deflator (Nominal GDP / Real GDP) x 100. This measure helps adjust for inflation and shows how much prices have changed over time.
How do you calculate GDP deflater?
GDP Deflator = Nominal GDP/Real GDP x 100.
How do you calculate the equilibrium level of GDP?
at the equilibrium level of GDP + formula
How do you calculate consumption as percentage of GDP?
if gdp is 719.1 and consumption is 443.8, how do i compute consumption as a percentage of gdp?
- What is the expenditure approach to calculate GDP?
Gdp = c + i + g + (x - m)
How can one calculate the growth rate of real GDP?
To calculate the growth rate of real GDP, subtract the previous year's real GDP from the current year's real GDP, then divide by the previous year's real GDP and multiply by 100 to get the percentage growth rate.
How do you calculate the percentage change in real GDP per capita?
Real GDP/Capita
How do you calculate the Import-GDP ratio?
it the ratio of between the total value of import and GDP
