Consider the following statements:
1. The Net Domestic Product can be lesser than or equal to Gross Domestic Product for the same year.
2. Gross National Product of an economy is always lesser than its Gross Domestic Product for the same year.
Which of the statements given above is/are correct?
1
1 Only
2
2 Only
3
Both 1 and 2
4
Neither 1 nor 2