Calculate GNP at np by income …
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Meghna Thapar 5 years ago
GDP (gross domestic product) at market price = value of output in an economy in the particular year – intermediate consumption at factor cost = GDP at market price – depreciation + NFIA (net factor income from abroad) – net indirect taxes. The market value of all finished goods + the market value of all finished services - the depreciation of those goods and services = net national product. The gross national product - depreciation = net national product.
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