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Question
NNP @ ____ Cost is the purest measure of National Income of the country
NNP @ ____ Cost is the purest measure of National Income of the country
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Solution
The correct option is A Factor Cost
Net National Product at factor cost is equal to sum total of value added at factor cost and net factor income from abroad.
Net National Product at factor cost is equal to sum total of value added at factor cost and net factor income from abroad.
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