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If factor income received from abroad is equal to factor income paid abroad, then which of the following is not a valid statement? -

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Question

If factor income received from abroad is equal to factor income paid abroad, then which of the following is not a valid statement?

Options

  • national income = domestic income

  • ndp fc + depreciation = gnp fc

  • ndp fc + depreciation = gnp mp

  • all are valid

MCQ
Fill in the Blanks

Solution

ndp fc + depreciation = gnp mp

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Macroeconomic Identities
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