Request a call back

Join NOW to get access to exclusive study material for best results

CBSE Class 12-commerce Answered

What is the difference between domestic income (NDPFC) and national income (NNPFC) in terms of factor incomes?
Asked by Topperlearning User | 15 Apr, 2016, 02:30: PM
answered-by-expert Expert Answer

 

Domestic Income (NDPFC)

Factor Income (NNPFC)

Domestic income is the sum total of factor incomes generated within the domestic territory of a country no matter who generates this income either residents or non-residents.

Factor income is the sum total of factor incomes generated by residents of a country, no matter where this income is generated either with in the domestic territory or in rest of the world.

It does not include net factor income from abroad.

It includes net factor income from abroad.

 

Answered by | 15 Apr, 2016, 04:30: PM
CBSE 12-commerce - Macroeconomics
Asked by n0324352 | 21 Nov, 2023, 08:59: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 15 Apr, 2016, 02:30: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 15 Apr, 2016, 02:30: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 15 Apr, 2016, 02:30: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 15 Apr, 2016, 02:30: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 15 Apr, 2016, 02:30: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 15 Apr, 2016, 02:30: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 15 Apr, 2016, 02:30: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 15 Apr, 2016, 02:30: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 15 Apr, 2016, 02:30: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
Get Latest Study Material for Academic year 24-25 Click here
×