Ayushi Asked a Question
July 21, 2020 12:24 ampts 30 pts
46. Which of the following statements NOT correct? (1) GDP GNP (X-M} (2) NNP at Factor costs = NivP at Market Prices + Indirect Taxes Subsidies Govermment Surpluses. NNP at Factors costs C+ I + G X-M) - Net indirect Taxes NNP at Factor costs Personal Income + Social insurance contributions + Corporate profit Tax Liability + Undistributed Profies- Transfer Payments (3) (4)
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  • Harini Best Answer
    the correct option is A GDP is the total value of goods and services produced within the geographical boundary of the country. The formula to estimate GDP under expenditure met...
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  • Tanuj rana
    NI=C+G+I+(X-M) + NFIA-Depreciation-Indirect Taxes + Subsidies. so 3rd statement is wrong.
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