Advertisements
Advertisements
Question
GNP equals ______.
Options
NNP adjusted for inflation
GDP adjusted for inflation
GDP plus net property income from abroad
NNP plus net property income or abroad
Advertisements
Solution
GNP equals GDP plus net property income from abroad.
APPEARS IN
RELATED QUESTIONS
GDP is the indicator of _____ economy.
What is meant by Gross domestic product?
______ is the market value of all goods and services produced in the country.
The structural reforms brought in India recently are ______.
According to IMF, India is ______ fastest growing nation of the World.
In order to know the performance of India, one should know the ______ of our country.
The GDP is the ______value of final goods and services produced in the country.
The price at which the goods are sold in the market is called ______.
If the intermediate goods are included in the GDP, then it will result in ______.
Assertion (A): Intermediate goods are not counted in calculating the GDP.
Reason (R): Their value is already included in the final goods.
