1.

Consider the following statements: - 1. National disposable income includes Net National Product at Market prices only. 2. GDP is a measure of National Income/ National output and National expenditure produced in a particular country. 3. GNP includes the value of all goods and services produced by nationals whether in the country a abroad. 4. GNP does not include dividends and interest from abroad in Income. Which of the above statements is are correct?

Answer»

Consider the following statements: -

1. National disposable income includes Net National Product at Market prices only.

2. GDP is a measure of National Income/ National output and National expenditure produced in a particular country.

3. GNP includes the value of all goods and services produced by nationals whether in the country a abroad.

4. GNP does not include dividends and interest from abroad in Income.

Which of the above statements is are correct?




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