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Question : NDP_FC = ? - Depreciation - Net Indirect taxes.
Option 1: GNP_MP
Option 2: GNP_FC
Option 3: GDP_MP
Option 4: GDP_FC

Team Careers360 5th Jan, 2024

Answer (1)

Team Careers360 7th Jan, 2024

Correct Answer: GDP _MP

Solution :

NDP _FC = GDP _MP - Depreciation - Net Indirect taxes.

Net domestic product at factor cost or domestic income refers to the net money value of all the final goods and services produced within the geographical territory of a country during a period of one year.

Hence, Option C is correct.

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