Pls answer with clear explanation
Solution:
Option(c): NDPFC + Depreciation = GNPMP is not a valid statement because Factor income received from abroad is equal to factor income paid abroad which applies that Net factor income is zero which didn't affect the market and factor cost (i.e., factor cost = market price).
Option(c): NDPFC + Depreciation = GNPMP is not a valid statement because Factor income received from abroad is equal to factor income paid abroad which applies that Net factor income is zero which didn't affect the market and factor cost (i.e., factor cost = market price).