Q. Gross National Product at market prices is defined as : [CPO AC 2003] (Solved)
1. the market value of all final goods and services produced in an economy taking into account net factor income from abroad
2. the market value of all final goods and services produced in an economy
3. the market value of all final goods and services produced in an economy plus indirect taxes
4. the market value of all final goods and services produced in an economy plus indirect taxes minus subsidies
- a. the market value of all final goods and services produced in an economy taking into account net factor income from abroad