Calculate Net Value Added at Factor Cost (NVA_FC) from the following data : From the following data, estimate the value of Net Indirect Taxes :

Question

Accepted Answer

Calculation of NVA_FC:

NVA_FC = NDP_FC - Depreciation
Or: NVA_FC = Compensation of Employees + Operating Surplus + Mixed Income

Calculation of Net Indirect Taxes:

Net Indirect Taxes = Indirect Taxes - Subsidies
Or: NIT = GDP_MP - GDP_FC
Or: NIT = GNP_MP - GNP_FC