1. GDP = GNP + X - M |
2. GNP = GDP + X - M |
3. GNP = GDP + NFIA |
4. NNP = GNP - Depreciation. |
A) 1 and 2
B) 1, 2 and 3
C) 2, 3 and 4
D) 1, 3 and 4
Correct Answer: C
Solution :
X =Income from Abroad (income earned and received by nationals within the boundaries of foreign countries) M =Income received by foreign nationals within the country.You need to login to perform this action.
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