A) The level of production in the private sector of the economy increases
B) The level of production in the public sector of the economy increases
C) The level of production in both organised and unorganised sectors of the economy increases
D) The net earnings from abroad are negative
Correct Answer: D
Solution :
[d] Net national product measures all output produced by citizens of a nation, regardless of where that production takes place, for instance if I go to work into another country then my work should be included in national but not in domestic product. Domestic means that it includes everything produced within country (domestically) and it doesn't matter who have produced it foreigners or residents. The difference between NNP and NDP is net foreign factor income.
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