Economics · National Income Accounting
Which of the following is equivalent to National Income?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Net National Product at Factor Cost (NNPFC)✓
- 2Net National Product at Market Price (NNPMP)
- 3Net Domestic Product at Factor Cost (NDPFC)
- 4Gross Domestic Product at Market Price (GDPMP)
Correct answer
Net National Product at Factor Cost (NNPFC)
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