Economics · National Income
Which of the following represents the difference between the value at market prices and the value at factor cost for a national income aggregate?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Value of subsidies net of direct taxes
- 2Value of net factor income earned abroad
- 3Value of consumption of fixed capital
- 4Value of indirect taxes net of subsidies✓
Correct answer
Value of indirect taxes net of subsidies
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