Question : Complete the following- GDPFC = ? + Depreciation. Option 1: NDPMPOption 2: NDPFCOption 3: NNPMPOption 4: NNPFC

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Question : Complete the following-

GDPFC = ? + Depreciation.
Option 1: NDP_MP
Option 2: NDP_FC
Option 3: NNP_MP
Option 4: NNP_FC

Team Careers360 9th Jan, 2024

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Answer (1)

Team Careers360 21st Jan, 2024

Correct Answer: NDP _FC

Solution :

GDP _FC = NDP _FC + Depreciation.

Net domestic product at factor cost or domestic income refers to the net money value of all the final goods and services produced within the geographical territory of a country during a period of one year.

Hence, Option B is correct.

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