Economics · Economics
GNP at Market Price (GNPMP) is equal to?
- 1GNP at Factor Cost (GNPfc) - Indirect Taxes - Subsidies
- 2GNP at Factor Cost (GNPfc) + Indirect Taxes - Subsidies✓
- 3GNP at Factor Cost (GNPfc) - Indirect Taxes + Subsidies
- 4GNP at Factor Cost (GNPfc) + Indirect Taxes + Subsidies
Correct answer
GNP at Factor Cost (GNPfc) + Indirect Taxes - Subsidies
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