Q. The value of NNP at production point is called:
Answer: NNP at market price
Notes: NNP at factor cost is the value of the NNP when the value of goods and services are taken at the production point. Net National Product at Market Price is the market value of the output of final goods and services produced by normal residents of an economy in its domestic territory in an accounting year exclusive of depreciation and inclusive of net factor income from abroad.