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If factor income received from abroad is equal to factor income paid abroad, then which of the following is not a valid statement?

September 21, 2022
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If factor income received from abroad is equal to factor income paid abroad, then which of the following is not a valid statement?

Q. If factor income received from abroad is equal to factor income paid abroad, then which of the following is not a valid statement?

  1. National income = Domestic Income
  2. NDP at FC + Depreciation = GNP at FC
  3. NDP at FC + Depreciation = GNP at MP
  4. All are valid

Answer: NDP at FC + Depreciation = GNP at MP

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