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Mr. Gupta has been appointed as a member in economic development department under the control of central government. He is supposed to analyse the national

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Mr. Gupta has been appointed as a member in economic development department under the control of central government. He is supposed to analyse the national income aggregates. Help him to point out the difference between the following concepts of National income and also their relationship with each other- a) GNP& NNP b) NI at Market price & Nl at factor cost C) NNP & NDP d) Disposable income & Personal income Mr. Gupta has been appointed as a member in economic development department under the control of central government. He is supposed to analyse the national income aggregates. Help him to point out the difference between the following concepts of National income and also their relationship with each other- a) GNP& NNP b) NI at Market price & Nl at factor cost C) NNP & NDP d) Disposable income & Personal income

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