GNP at FC is equal to NNP at FC when:
GNP at FC is equal to NNP at FC when:
(a) Net Factor Income from abroad is Zero
(b) Net Indirect Tax is Zero
(c) Consumption of Fixed Capital is Zero
(d) All the above are Zero
Anurag Pathak Changed status to publish December 7, 2023
Ans – (c)
Explanation:-
GNP at FC = NNP at FC + Consumption of fixed Capital
When the Consumption of fixed Capital is zero
GNP at FC = NNP at FC
Anurag Pathak Changed status to publish December 7, 2023
