Economy, asked by niharikaparmar2003, 9 months ago

What is the formula of the given below (in hindi):
(1)GDP
(2)NDP
(3)NNP
(4)GDPmp
(5)GDPfc
(6)NDPmp
(7)NDPfc
(8)NNPmp
(9)NNPfc
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Answers

Answered by niranjan1739
2

Explanation:

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12th

Economics

National Income and Related Aggregates

Aggregates Related to National Income

Define the following terms:...

ECONOMICS

Define the following terms:

(i) GDP

MP

;

(ii) NDP

FC

;

(iii) NNP

MP

December 26, 2019

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Linga Charitha

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(i) GDP(at MP) : Gross 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, inclusiive of depreciation.

(ii) NDP(at FC): Net Domestic 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.

(iii) NNP(at MP) : Net National 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, (exclusiive of depreciation )and net factor income from abroad.

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Answered by anushkasharma8840
27

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