Solution:

Given,

NDPmp = 80000
IT = 10600
GNPfc = 75920
Factor income to abroad = 700
Factor income from abroad = 500
Subsidies = 1770

To find: Depreciation (Dep)

Depreciation (Dep) = NDPmp - IT + Factor income from abroad - Factor income to abroad + Subsidies

Calculation:

Substituting the given values, we get

Dep = 80000 - 10600 + 500 - 700 + 1770
Dep = 69170

Therefore, the depreciation (Dep) is 69170.

Explanation:

NDPmp (Net Domestic Product at Market Price) refers to the net value of all goods and services produced within a country's domestic borders in a specific time period, minus depreciation.

IT (Indirect Taxes) refers to the taxes that are levied on goods and services by the government, which are included in their market price.

GNPfc (Gross National Product at Factor Cost) refers to the total value of goods and services produced by a country's residents in a specific time period, regardless of their location, minus depreciation.

Factor income to abroad refers to the income earned by a country's residents from their investments in foreign countries.

Factor income from abroad refers to the income earned by foreign residents from their investments in the country.

Subsidies refer to the financial assistance provided by the government to businesses or individuals to support their activities.

Depreciation (Dep) refers to the decrease in the value of an asset over time due to wear and tear or obsolescence.

Therefore, Depreciation (Dep) is calculated as the difference between NDPmp and IT (which represents the value of goods and services produced), plus factor income from abroad, minus factor income to abroad, and plus subsidies.

Depreciation = 4950