Consider the following statements and identify the right ones.i. While calculating GDP, income generated by foreigners in a country is taken into considerationii. While calculating GDP, income generated by nationals of a country outside the country is taken into account

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Q:105

Consider the following statements and identify the right ones.
i. While calculating GDP, income generated by foreigners in a country is taken into consideration
ii. While calculating GDP, income generated by nationals of a country outside the country is taken into account

i only

ii only

both

none

Explanation:
While calculating GDP, income generated by nationals of a country outside the country is not taken into account

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The net value of GDP after deducting depreciation from GDP is

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