All of the following statements are correct EXCEPT
A) NDP = Gross Domestic Product (GDP) - depreciation (capital consumption allowance).
B) NI = NDP + indirect business taxes.
C) net exports = total exports - total imports.
D) Gross Domestic Product (GDP) = NDP + capital consumption allowance (depreciation).

Question

Quizplus · Accepted Answer

NI (Net Income) = NDP + indirect business taxes - net foreign factor income.

All of the Following Statements Are Correct EXCEPT