Discussion
Net factor income from abroad added to GDP gives
Answer: C
It gives GNP, the gross national product.
\[GNP = GDP + \text{net factor income from abroad}\] GDP measures what is produced within the country's borders; GNP measures what is earned by its residents, wherever the factors are employed. For a country with large remittances, GNP exceeds GDP.
No comment is present. Be the first to comment.
Loading…
Post your comment
Please log in or register to post a comment.
Examination Categories
- SSC Exams
- Banking Exams
- Teaching Exams
- Civil Services Exams
- Railways Exams
- Engineering Recruitment Exams
- Defence Exams
- State Government Exams
- Police Exams
- Insurance Exams
- Nursing Exams
- Other Government Exams
- NRA CET
- PG Entrance Exams
- Campus Placement
- MBA Entrance Exams
- CUET and UG Entrance
- Judiciary Exams
- Regulatory Body Exams
- Software Development