Question
How can net national product at market price be
defined?Solution
Net national product (NNP) at market price represents the total market value of all final goods and services produced by a country's residents in a given period, adjusted for depreciation. It is calculated by adding net income from abroad to the net domestic product at market price. This measure accounts for both domestic production and the income earned by domestic residents from foreign sources, minus income earned by foreign residents domestically, providing a comprehensive view of a country's economic production.
In the question below there are three statements followed by three conclusions I, II and III. You have to take the three given statements to be true ev...
In the questions given below, there are three statements followed by three conclusions I, II and III. You have to take the three given statements to be...
Statements :No poem is a story
All stories are novels.
All novels are articles.
Conclusions :I. All articles are stories.
II...
Statements: All malware are spyware.
                           All spyware are viruses.
Conclusions: I....
- In the question below some statements are given followed by two conclusions I and II. You have to take the given statements to be true even if they seem to...
Statements:
All chocolates are ice-creams.
All ice-creams are toffees.
All toffees are cold-drin...
Statements:
Only a few Song are Music
Only Music are Composer
No Lyric are Music
Conclusions:Statements: No silver is a finger.
All fingers are diamonds.
Some diamonds are rings.
Conclusions: I. Atleast some rings are diam...
Statements:
All milk are tea.
Some tea are coffee.
Conclusions
I. Some tea are milk.
II. Some coffee are milk.
Statements:
Only a few rats are rabbit.                                                    ...