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Question

Fill in the blank: NNPFC______ =GDPMP

A
+ Depreciation Net factor Income from abroad Net Indirect taxes
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B
+ Depreciation + Net factor income from abroad + Net Indirect taxes
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C
+ Depreciation Net factor income from abroad + Net Indirect taxes
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D
+ Depreciation + Net factor income from abroad Net Indirect taxes
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Solution

The correct option is D + Depreciation Net factor income from abroad + Net Indirect taxes
NNP(at factor cost) + Depreciation - Net factor income from abroad + Net Indirect taxes = GDP(at market price)
Conversion:
  • NNP(at factor cost) + Depreciation = GNP(at factor cost)
  • GNP(at factor cost) - Net factor income from abroad = GDP(at factor cost)
  • GDP(at factor cost) + Net Indirect taxes = GDP(at market price)

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