WBCS.LIVE practice question

GDP (at market price) - NIT = ?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. NNP (at market price)
  2. GDP (at factor price)
  3. NDP (at market price)
  4. NNP (at factor price)

Correct answer and explanation

Correct answer: GDP (at factor price)