Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: National Income Accounting

Question:

Identify the correct formula.

Options:

GDPMP - Depreciation = NNPMP - Net Factor Income from Abroad

GDPMP - net indirect taxes = NNPFC + net indirect taxes

GNPFC + net indirect taxes = NNPFC

NDPMP + Net Factor Income from Abroad = GDPFC -depreciation

Correct Answer:

GDPMP - Depreciation = NNPMP - Net Factor Income from Abroad

Explanation:

The correct answer is Option (1) → GDPMP - Depreciation = NNPMP - Net Factor Income from Abroad

GDPMP - Depreciation = NDPMP

NNPMP - Net Factor Income from Abroad =NDPMP

Hence,

GDPMP - Depreciation = NNPMP - Net Factor Income from Abroad