Question

EXPALIN THE TÉRM.
(1) NNPfc
(2)GDPfc​

Answer 1

Answer:

Please NNP(at factor cost) + Depreciation - Net factor income from abroad + Net Indirect taxes = GDP(at market price)

Conversion:

NNP(at factor cost) + Depreciation = GNP(at factor cost)

GNP(at factor cost) - Net factor income from abroad = GDP(at factor cost)

GDP(at factor cost) + Net Indirect taxes = GDP(at market price)

Answer By shubham.

Explanation:

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