Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: National Income Accounting

Question:

Choose the correct operation which will be adopted to arrive at GDPMP from NNPMP.

Options:

Add depreciation and add Net Factor Income From Abroad.

Subtract depreciation and add Net Indirect Taxes.

Add depreciation and subtract Net Factor Income From Abroad.

Subtract depreciation and subtract Net Factor Income From Abroad.

Correct Answer:

Add depreciation and subtract Net Factor Income From Abroad.

Explanation:

The correct answer is Option (3) → Add depreciation and subtract Net Factor Income From Abroad.

GDPMP = NNPMP + Depreciatio− NFIA