1.National income is often estimated as
(2 Points)
NDPfc
NNPmp
NDPmp
NNPfc
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Answer:
National income is estimated by Central Statistics Organization and also as GDP ,GNP,NNP.....
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National income is often estimated as NNP at FC. Hence, Option(D) is the correct answer.
- The monetary value of the finished goods and services produced by a nation's citizens, both domestically and abroad, in a specific time period is known as the net national product (NNP).
- It is the same as the gross national product (GNP), which is the total value of a country's global production, minus the amount of GNP needed to maintain current inventory by purchasing new goods.
- NNP is frequently assessed annually as a way to gauge how well a country is maintaining threshold industry standards.
- Although NNP is frequently used in environmental economics, Gross Domestic Product (GDP) is the method that is most frequently used to assess national income and economic prosperity.
- The NNP is expressed in the country-specific currency.
For more information on NNP and GDP, refer to the these links:
https://brainly.in/question/51716911
https://brainly.in/question/40148151
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