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Which is also called Domestic Factor Income?

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Question

Which is also called Domestic Factor Income?

Options

  • Net National Product at Factor Cost (NNPFC) / National Income (NI)

  • Net Domestic Product at Market Prices (NDPMP)

  • Net Domestic Product at Factor Cost (NDPFC)

  • Gross National Product at Factor Cost (GNPFC)

MCQ
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Solution

Net Domestic Product at Factor Cost (NDPFC) is also called Domestic Factor Income. It relates to factor incomes within the domestic territory after depreciation.

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