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Sia ? 4 years, 6 months ago (6945213)
A street is a public thoroughfare in a built environment. It is a public parcel of land adjoining buildings in an urban context, on which people may freely assemble, interact, and move about.
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False: National income can be less than domestic income when net factor! income from abroad (NFIA) is negative. National income can also be equal to domestic income if NFIA is zero.
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It refers to market value of final goods and services produced within the domestic territory of the country within one year inclusive of depreciation. GNP is an economic concept because it includes productive efforts of only residents of a country within and outside the country GDP is based on domestic territory but GNP is based on normal residents.
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Mudita Sharma 4 years, 6 months ago (11282952)
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