Question : Factor cost + ________________________ = Market price.
Option 1: Indirect taxes
Option 2: Net Indirect taxes
Option 3: Domestic income
Option 4: National income
Correct Answer: Net Indirect taxes
Solution :
Question : What is the basic difference in the aggregates at market price and factor cost?
Question : In the estimation of national income, which of the following items will be subtracted from Net national product (NNP) at market price?
Question : __________________ is the price for which product is actually sold in the market.
Question : If market price is less then factor cost, it means that:
Question : NNP at FC= GNP at MP - Depreciation - ___________________.
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