Net domestic product at factor cost is less than national income when ______________.

Net factor income from abroad is positive

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Net factor income from abroad is negative

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Net factor income from abroad is zero

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Net exports are positive

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Solution

The correct option is A Net factor income from abroad is positive
Net domestic product at factor cost is less than national income when Net factor income from abroad is positive.
NNP(at FC) >NDP(at FC): This situation will be seen when net factor income from abroad is Positive.

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Similar questions

Q. Calculate (a) Domestic Income; (b) National Income

Particulars	Rs. in crores
(i) GDP at MP (ii) Indirect Taxes (iii) Factor income from abroad (iv) Consumption of Fixed Capital (v) Factor income to abroad (vi) Subsidies	70,150 5,200 800 3,100 300 4,000

Q. If the domestic factor income is

R s . 200

crores and the national income is

R s . 190

crores, calculate the net factor income from abroad.

Q. Are the following a part of a country's 'net domestic product at market price'? Explain.
(i) Net indirect taxes
(ii) Net exports
(iii) Net factor income from abroad
(iv) Consumption of fixed capital.

Q. Net factor income from abroad is ________________.

(a) From the following data compute net value added at factor cost:

$\begin{matrix} Items & Domestic sales & Subsidies & Purchase of raw material & Exports & Depreciation & Import of & Net in domestic market & indirect taxes In Crores & 2500 & 40 & 500 & 200 & 100 & 600 & 60 \end{matrix}$

(b) Intermediate goods and corporate tax are included in national income indirectly. How ?

Calculate $G N P_{m p}$

(a) By Income Method

(b) Expenditure Method

$\begin{matrix} (a) & Rent & 40 (b) & Private Final Consumption Expenditure & 800 (c) & Net Exports & 20 (d) & Interest & 60 (e) & Profit & 120 (f) & Government Final Consumption Expenditure & 200 (g) & Net Domestic Capital Formation & 100 (h) & Compensation of Employees & 800 (i) & Depreciation & 20 (j) & Net Indirect Taxes & 100 (k) & Net Factors Income From Abroad & (-) 20 \end{matrix}$

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Net domestic product at factor cost is less than national income when ______________.

The correct option is A Net factor income from abroad is positiveNet domestic product at factor cost is less than national income when Net factor income from abroad is positive.NNP(at FC) >NDP(at FC): This situation will be seen when net factor income from abroad is Positive.

The correct option is A Net factor income from abroad is positive
Net domestic product at factor cost is less than national income when Net factor income from abroad is positive.
NNP(at FC) >NDP(at FC): This situation will be seen when net factor income from abroad is Positive.