Economics · National Income Accounting
GDP at factor cost is equal to which of the following expressions?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1GDP at market price – Net indirect taxes✓
- 2GDP at market price + Net indirect taxes
- 3GDP at market price – Depreciation
- 4GDP at market price + Depreciation
Correct answer
GDP at market price – Net indirect taxes
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