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Question
Which of the following statements is incorrect?
Options
Gross Domestic Product (GDP) at Market Price = GDP at Factor Cost + Net Indirect Taxes
Net National Product (NNP) at Market Price = NNP at Factor Cost + Net indirect taxes
Gross National Product (GNP) at Market Price = GDP at Market Price + Net Factor Income from Abroad
Net National Product (NNP) at Factor cost = National Income
MCQ
Solution
Net National Product (NNP) at Market Price = NNP at Factor Cost + Net indirect taxes
shaalaa.com
Gross and Net Domestic Product (GDP and NDP)
Is there an error in this question or solution?
