Which of the following is the likely scenario, in case the Net Factor Income from Abroad (NFIA) is negative?
1. The Gross Domestic Product (GDP) decreases by the magnitude of Net Factor Income from Abroad.
2. The Gross National Product (GNP) would be less than Gross Domestic Product (GDP).
Select the correct answer using the code given below:1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2