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Which of the following is true about Net Domestic Product? a. GNP deducted with depreciation O b. GNP added with net factor income OC. GDP
Which of the following is true about Net Domestic Product? a. GNP deducted with depreciation O b. GNP added with net factor income OC. GDP deducted with depreciation O d. GDP added with net factor income Choose the one from below, which is not a reason for change in aggregate supply. a. Changes in the quantity of capital b. Changes in the quantity of labor C. Changes in technology od. Changes in imports Which of the following GDP is calculated at current price level? a. Actual GDP b. Pure GDP C. Nominal GDP d. Real GDP Suppose the GDP of a country is 100 million, income received from abroad is 50 million and income paid to abroad is 30 million. Find the GNP of the country. a. GNP = 150 million b. GNP = 120 million c. GNP = 180 million d. GNP = 130 million
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