Question

16. GNP at Market Price is measured as:
a)GDP at Market Price - Depreciation;
(b) GDP at Market Price + Net Factor Income from Abroad
(C) GDP at Market Price + Subsidies;
(d) NDP at Factor Cost + Net Factor Income from Abroad​

Answer 1

Answer:

It is calculated as the ratio of nominal GDP to real GDP multiplied by 100.

Answer 2

Answer:

b is the right answer.....