Which of the following is not a correct formula to calculate NNP MP ?

CA Foundation · Business Economics · PYQS · September 2024
Which of the following is not a correct formula to calculate NNP MP ?
(A) A. NNP MP = NDP MP + Net Factor Income from Abroad
(B) B. NNP MP = GNP MP - Depreciation
(C) C. NNP MP = GDP MP + Net Factor Income from Abroad - Depreciation
(D) D. NNP MP = NDP MP - Depreciation

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. NNP MP = NDP MP - Depreciation

Topics: Determination of National Income

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