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Which of the following is not included in the calculation of Gross National Product? -

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Question

Which of the following is not included in the calculation of Gross National Product?

Options

  • Purchase and sale of old commodities

  • Intermediate commodities

  • Both purchase and sale of old commodities and intermediate commodities

  • None of the above

MCQ

Solution

Both purchase and sale of old commodities and intermediate commodities

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Aggregates Related to National Income - Gross National Product (GNP)
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