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State the formula to calculate gross national product at market price. - Economics

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Question

State the formula to calculate gross national product at market price.

Equation/Formula
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Solution

Gross national product at market price = Gross domestic product at market price + Net factor income from abroad.

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Chapter 32: Concepts of National Income - TEST QUESTIONS [Page 32.17]

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R. K. Lekhi and P. K. Dhar Economics [English] Class 12 ISC
Chapter 32 Concepts of National Income
TEST QUESTIONS | Q A. 11. | Page 32.17
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