true false in economics....?

faizan khan

New member
22. GNP is the aggregate money value of all the final goods and services produced in a country in a year.
23. Personal consumption expenditure is annual personal consumption expenditure of the people.
24. MNP = GNP - GDP
25. All expenditures in a year are called gross domestic private investment.
26. Like people government also makes expenditures on final goods and services.
27. If income earned through foreign services is subtracted from GNP. GDP is obtained.
28. Export surplus means difference between the value of exports and imports.
29. Net foreign investment is the aggregate investment in a country.
30. GNP = Personal consumption expenditure + Gross Domestic Private Investment.
31. MNP = GNP - Depreciation cost.
32. Export surplus is the difference between the value of exports and value of imports in a year.
 
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