Economics · Indian Economy
In the macroeconomic identity GNP = GDP + X - M, what does 'M' represent?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Total monetary policy stimulus value
- 2Total value of exports sent to foreign countries
- 3Factor income earned from abroad by the citizens of the country
- 4Factor income earned within the domestic territory by foreigners✓
Correct answer
Factor income earned within the domestic territory by foreigners
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