Question

GNP at FC ……………………………. = GDP at FC​

Answer 1

Answer:

ndp

Explanation:

Net Domestic Product at market price. It refers to the market value of final goods aand servicess produced within the domestic territory of a country during the period of an accounting year, exclusiive of depreciation.

(ii) GNP(at FC):  Gross National Product at factor cost. It refers to the sum total of factor incomes generated within the domestic territory of a country during the period of an accounting year, inclusive of depreciation and net factor income from abroad.

(iii) GDP(at MP) : Gross Domestic Product at Market price. It is the sum total of market value of final goods aand servicess produced within the domestic territory of a country during the period of an accounting year, (inclusiive of depreciation and exclusive of net

Answer 2

Answer:

ndp

Explanation:

Answer:

Net Domestic Product at market price. It refers to the market value of final goods aand servicess produced within the domestic territory of a country during the period of an accounting year, exclusiive of depreciation.

(ii) GNP(at FC):  Gross National Product at factor cost. It refers to the sum total of factor incomes generated within the domestic territory of a country during the period of an accounting year, inclusive of depreciation and net factor income from abroad.

(iii) GDP(at MP) : Gross Domestic Product at Market price. It is the sum total of market value of final goods aand servicess produced within the domestic territory of a country during the period of an accounting year, (inclusiive of depreciation and exclusive of net

Explanation: