Which of the following statement/s is/are incorrect.
a. GNP is the total money value of goods and services produced by the nationals during the given year.
b. The part of income produced in the country but earned by foreigners is included in GNP.
c. Per capita income shows the marginal income of the people in the country.
1
a and b
2
a and c
3
b and c
4
All the three above are correct