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National income unit 1

Economics

Application oriented questions: sum 6 C+I+G+(X-M) = GDPmp But, in the given answer why they are representing it as NDPmp

Kalaiarasi S

CA Inter

★ 11K+

23-Feb-21 20:23

322

Answers (1)

Best Answer

Whether C+I+G+(X-M) is Gross or Net depends on the investment (I). If investment is net of depreciation then NDPmp otherwise GDPmp.

Ishika Goel 282

CA Final

★ 3K+

23-Feb-21 21:39

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