Domestic product is equal to : Options: A . &nbspNational product + Net factor income from abroad B . &nbspNational product - Net factor income from abroad C . &nbspNational product ÷ Net factor income from abroad D . &nbspNational product × Net factor income from abroad

Domestic product is equal to :

Question

Domestic product is equal to :

Options:

A . National product + Net factor income from abroad

B . National product - Net factor income from abroad

C . National product ÷ Net factor income from abroad

D . National product × Net factor income from abroad

Answer: Option B
:
B
Domestic product is "National product - Net factor income from abroad".

Was this answer helpful ?

Next Question

Question 1. The summation of the total production of all firms and industries in the economy gives us the ____________ or value-adde....industries in the economy gives us the ____________ or value-added method.

Question 2. Wealth is an example of:....

Question 3. If a car is purchased by a taxi-operator, it will be regarded as a:....

Question 4. The stock of unsold finished or unfinished goods, and unused raw materials and intermediate goods that a firm carries fr....a firm carries from one year to another is called ___.

Question 5. Which of the following items is not included while estimating national income by income method?....

Question 6. Which of these economic agents supply labour as a factor of production?....

Question 7. Those goods which satisfy human wants directly are called :....

Question 8. How many methods do we have in order to calculate national income?....

Chapter 1 - GLOBAL STEEL SCENARIO & INDIAN STEEL INDUSTRY Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)

Direction Sense Test Part 1 Reasoning (Hindi)

Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE

Cube & Cuboid Part 1 Reasoning (Hindi)

Data Interpretation (DI) Basic Concept Reasoning (Hindi)

Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)

Sail E0 free webinar Webinars

Real Numbers Part 7 Class 10 Maths

Real Numbers Part 1 Class 10 Maths

Polynomials Part 1 Class 10 Maths

DSP Combined 1 Free Revision Test SAIL JO E-0

GPOE / GPA Combined 1 Free Revision Test SAIL JO E-0

BSP Plant Specific Review Test SAIL JO E-0

BSL Combined 1 Free Revision Test SAIL JO E-0

GFM Combined 1 Free Revision Test SAIL JO E-0