The difference between Gross Investment and Net investment is known as __________.
Net Indirect Taxes
Net Factor Incomes from Abroad
Depreciation
None of these
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Answer:
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)
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Answered by
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Answer:
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)
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