Arrange the following operations in a se

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Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: National Income Accounting

Question:

Arrange the following operations in a sequential manner in order to calculate NNP_FC from GDP_MP.

A. GDP_MP - Net Indirect Taxes
B. NDP_FC + Net Factor Income From Abroad
C. GDP_FC - Depreciation

Choose the correct answer from the options given below:

Options:

A, B, C

B, C, A

A, C, B

C, A, B

Correct Answer:

A, C, B

Explanation:

A: GDP_{FC =} GDP_MP - Net Indirect Taxes

C: NDP_FC = GDP_FC - Depreciation

B: NNP_FC = NDP_FC + Net Factor Income From Abroad