Consider the following data relating to the financial year 2021-2022 and answer the following questions based on this data.

How do you calculate the value of net factor income from/ to abroad in the given question?

None of the above

 The correct answer is Option 4: None of the above

NNP_MP =  NDP_{MP +} NFIA

Therefore, the formula for NFIA is:

NFIA = NNP_MP - NDP_MP

Alternatively,

GNP_MP =  GDP_{MP +} NFIA

NFIA = GNP_MP - GDP_MP

Option 1: GNP_FC – GNP_{MP is}Incorrect

GNP_FC =  GNP_MP - NIT

GNP_FC  = GDP_{MP +} NFIA - NIT

Thus, GNP_FC – GNP_MP = NFIA-NIT

Option 2: GNP_MP – NNP_MP is incorrect

GNP_MP =  GDP_{MP +} NFIA

NNP_MP =  NDP_{MP +} NFIA

GNP_MP – NNP_MP= GDP_{MP +} NFIA- NDP_{MP -} NFIA

Option 3: NDP_MP – NNP_MP is incorrect.

NDP_MP =  GDP_{MP -} Depreciation

NNP_MP =  NDP_{MP +} NFIA

NDP_MP – NNP_MP  = GDP_{MP -} Depreciation - NDP_{MP -} NFIA