Q1: What is GDP?
Monetary value of all the final products produced within domestic territory of a country during a given period
Monetary value of all the products produced within the domestic territory
All the final products produced within the domestic territory during a given period
Q2: What is GNP?
GDP- Depreciation
GDP- indirect taxes +subsidies
GDP+NFIA (Net factor income from abroad)
Q3: What is NDP?
GDP- depreciation
GDP- indirect taxes + subsidies
GNP - depreciation
Q4: What is NNP?
Q5: What is National Income?
NNP at factor cost at constant prices
NNP at market price at current prices
GNP at factor cost at constant prices
