Match List-I with List-II List-

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Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: National Income Accounting

Question:

Match List-I with List-II

List-I	List-II
(A). Gross Domestic Product at Market Prices (GDP_MP)	(I). $C+I+G+(X-M)$
(B). Gross Domestic Product at Factor Cost (GDP_FC)	(II). GDP_MP - Depreciation
(C). Net Domestic Product at Market Prices (NDP_MP)	(III). GDP_MP - Net Product Taxes
(D). Net Domestic Product at Factor Cost (NDP_FC)	(IV). NDP_MP - Net Product Taxes - Net Production Taxes

Choose the correct answer from the options given below:

Options:

(A)-(I), (B)-(II), (C)-(III), (D)-(IV)

(A)-(I), (B)-(III), (C)-(II), (D)-(IV)

(A)-(I), (B)-(II), (C)-(IV), (D)-(III)

(A)-(III), (B)-(IV), (C)-(I), (D)-(II)

Correct Answer:

(A)-(I), (B)-(III), (C)-(II), (D)-(IV)

Explanation:

The correct answer is Option (2) → (A)-(I), (B)-(III), (C)-(II), (D)-(IV)

List-I	List-II
(A). Gross Domestic Product at Market Prices (GDP_MP)	(I). $C+I+G+(X-M)$
(B). Gross Domestic Product at Factor Cost (GDP_FC)	(III). GDP_MP - Net Product Taxes
(C). Net Domestic Product at Market Prices (NDP_MP)	(II). GDP_MP - Depreciation
(D). Net Domestic Product at Factor Cost (NDP_FC)	(IV). NDP_MP - Net Product Taxes - Net Production Taxes