Multiple choice

Net national income at market prices is equal to

  1. GNP (Gross National Product) at factor price + or - depreciation

  2. GNI (Gross National Income) at market price minus depreciation

  3. NDP (Net Domestic Product) at factor price + or - earning from abroad

  4. GDP (Gross Domestic Product) minus indirect taxes and subsidies

  5. None of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Correct interpretation is GNP - Depreciation = Net national income at market prices

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