1. F C to M P = F C Price + Tax ( Net Indirect Tax) - Subsidy ( 10 +2-1 = 11) 2. M P to F C = Market Price - Tax + Subsidy ( 11 - 2 + 1 = 10) 3. National to Domestic & Vice Versa

1. Gross National Product 2.Net National Product

1. Gross Domestic Product 2. Net Domestic Product

1.Importance of study of National Income . 2.Definition of Prof.Marshal about National Income