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NNPMP = ________
GNPMP – Depreciation
NDPMP + Net factor income from abroad
NNPFC + Net indirect taxes
All of these
- Option 1: NNPMP (Net National Product at Market Prices) is calculated as GNPMP (Gross National Product at Market Prices) minus depreciation.
- Option 2: NNPMP can also be derived by adding Net Domestic Product at Market Prices (NDPMP) and Net Factor Income from abroad.
- Option 3: NNPMP is also calculated by adding Net National Product at Factor Cost (NNPFC) and Net Indirect Taxes.
- Option 4: "All of these" suggests that all the other options are valid ways to calculate NNPMP.
- Answer: Option 4 is indeed the correct answer as all are valid methods to derive NNPMP using different economic components.
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