Economics · Macroeconomics
What best explains the relationship between Gross Domestic Product (GDP) and Gross National Product (GNP)?
- 1Subtracting depreciation from GNP gives GDP.
- 2Adding depreciation to GDP gives GNP.
- 3Subtracting net factor income from abroad from GDP gives GNP.
- 4Adding net factor income from abroad to GDP gives GNP.✓
Correct answer
Adding net factor income from abroad to GDP gives GNP.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Macroeconomics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Macroeconomics