Home › UP Board Class 12 › economics › National Income Accounting › Gross National Product (GNP) equals GDP plus:
Gross National Product (GNP) equals GDP plus:
Aindirect taxes
Bdepreciation
Cnet factor income from abroad
Dsubsidies
Answer & Solution
Correct answer: C. net factor income from abroad
GNP = GDP + net factor income from abroad.
Related questions
Income that households actually have available to spend or save, after taxes, is called:The branch of economics concerned with aggregates such as GDP, employment and the price leIn the expenditure method, national income is found by adding consumption, investment, govThe circular flow of income shows the flow of goods, services and money between:Market price equals factor cost plus indirect taxes minus:The value of national income measured at the prices actually received by factors of producNet National Product (NNP) is obtained by subtracting ___ from GNP:The fall in the value of fixed capital due to normal wear and tear is called: