Answer-Gross National Product at market prices (GNPMP) is

GNP GDP Net Factor Income from Abroad income earned by residents abroad income paid to non-residents.

Question

Gross National Product at market prices (GNPMP)

A GDPMP + Net Factor Income from Abroad Correct Answer Incorrect Answer

B GDPMP - Net Factor Income from Abroad Correct Answer Incorrect Answer

C GDPMP - Depreciation Correct Answer Incorrect Answer

D GDPMP + Net Indirect Taxes Correct Answer Incorrect Answer

GNP = GDP + Net Factor Income from Abroad (income earned by residents abroad – income paid to non-residents).

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