Economics · National Income Accounting
When the net factor income from abroad ('trans-boundary economic activities') is added to Gross Domestic Product (GDP), the resulting aggregate measure of income is known as ________.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1GNP (Gross National Product)✓
- 2NNP (Net National Product)
- 3PCI (Per Capita Income)
- 4NDP (Net Domestic Product)
Correct answer
GNP (Gross National Product)
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