JKSSB Mock Tests

at Market Price refers to the sum total of factor incomes earned by residents of a country during an accounting year including net indirect taxes.

A. Net Domestic Product (NDP)
B. Gross Domestic Product (GDP)
C. Gross National Product (GNP)
D. Net National Product (NNP)
Answer: Option D
Solution (By JKSSB Mock Tests Team)
Net National Product (NNP) at Market Price accurately represents the total net value of all final goods and services produced by a nation's residents, inclusive of net indirect taxes.
This Question Belongs to: General knowledge mcqs Economics set 1

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