Net domestic product at factor cost is more than national income when net factor income from abroad is _______.
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Net domestic product at factor cost is more than national income when net factor income from abroad is _______.
Anurag Pathak Changed status to publish December 22, 2023
Answer:-
Net domestic product at factor cost is more than national income when net factor income from abroad is Negative.
Explanation:-
National Income = Net Domestic Product at Factor Cost + Net Factor income from abroad.
But When Net Factor income from abroad is negative
National Income is less than the Net Domestic Product at Factor Cost
For Example:-
Net Domestic Product at Factor Cost = ₹ 800
Net Factor income from abroad = ₹ (- 100)
National Income = ₹ 800 – ₹ 100
National Income = ₹ 700
Anurag Pathak Changed status to publish December 6, 2023
