If factor income received from abroad is equal to factor income paid abroad, then which of the following is not a valid statement?
Q. If factor income received from abroad is equal to factor income paid abroad, then which of the following is not a valid statement?
- National income = Domestic Income
- NDP at FC + Depreciation = GNP at FC
- NDP at FC + Depreciation = GNP at MP
- All are valid
Answer: NDP at FC + Depreciation = GNP at MP