The difference between GDP and GNP?

A. consumption of fixed capital B. indirect business tax C. net factor income from abroad D. public transfer payment Correct Answer: Option C C. net factor income from abroad Explanation The main difference is that GNP (Gross National Product) takes into account net...

The difference between GDP and GNP?

A. consumption of fixed capital B. indirect business tax C. net factor income from abroad D. public transfer payment Correct Answer: Option C C. net factor income from abroad Explanation The main difference is that GNP (Gross National Product) takes into account net...

Location of a firm in rural areas may?

A. enable the firm to enjoy existing infrastructural facilities B. make finance readily available C. enhance even or balanced development D. make such firm enjoy external economies of scale Correct Answer: Option C Explanation – It will be easier for the firm to...

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