Download App

National Income Accounting — Economics STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceEconomicsNational Income Accounting1 Mark
Question
Define NNP at Market Price.
✓

Answer

It refers to market value of final goods and services produced during the year inclusive of Net Factor Income from Abroad but exclusive of depreciation.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "1 Marks Question" from National Income Accounting→National Income Accounting — all question types→Economics STD 12 Commerce question papers→CBSE Board STD 12 Commerce question papers→CBSE Board question paper generator→

Similar questions

What is a government budget?
→
Define flow variables.
→
Give the formula of money multiplier.
→
Do you think that a rise in BPO services a good source of supply of foreign currency?
→
Categorize the following items into Direct and Indirect Taxes.
Statement-Income tax.
→
What do you understand by a 'Cashless Society'?
→
What determines the level of household consumption demand in an economy?
→
Will the following items be included or not in National Income of India? Give reason for your answer.
Expenditure by government in providing free education.
OR
Free services by the Government.
→
Define high-powered money.
→
Define final product or final goods.
→