10. Gross Domestic Product at
Market Price - Depreciation = net domastic product at market price b. net national product at factor cost
Answers
Answer:
This is the right answer (b)...................
Answer:
Gross domestic product (GDP)
Gross domestic product at purchaser values (market prices) is the sum of GDP at factor cost and indirect taxes, less subsidies.
extra info :
Gross national product (GNP)
Comprises gross domestic product (GDP) at purchaser values (market prices) plus net factor income from abroad.
Net factor income from
abroad (currentprices) Includes the net compensation of employees (with less than one year of residence in the host country) and the net property and entrepreneurial income components of the System of National Accounts (SNA). The major components of the latter are investment income and interest on short- and long-term capital.
hope it helps .......and the first parra is your answer and the rest is just some extra info...if needed