GNP at Market Price is measured as:
GNP at Market Price is measured as:
(a) NDP at FC + Depreciation + Net Indirect taxes + Net Factor Income from Abroad
(b) GDP at MP + Factor Income from Abroad – Factor Income to Abroad
(c) NDP at MP + Consumption of Fixed Capital + Net Factor Income from Abroad
(d) All of these
Anurag Pathak Changed status to publish December 5, 2023
Ans – (d)
GNP at Market Price can be calculated from any of the following ways.
(a) GNP at MP = NDP at FC + Depreciation + Net Indirect taxes + Net Factor Income from Abroad
(b) GNP at MP = GDP at MP + Factor Income from Abroad – Factor Income to Abroad
(c) GNP at MP = NDP at MP + Consumption of Fixed Capital + Net Factor Income from Abroad
Anurag Pathak Changed status to publish December 5, 2023