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प्रश्न
What is meant by net factor income from abroad?
लघु उत्तरीय
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उत्तर
Net Factor Income from Abroad (NFIA) refers to the difference between the income earned by the residents of a country from abroad and the income earned by foreigners from that country during a year. Examples of factor income:
- Wages and salaries
- Rent
- Interest
- Profits
Formula:
NFIA = Factor income earned by residents from abroad − Factor income earned by foreigners within the country.
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