Gross National Product at market prices is defined as : [CPO AC 2003]

Question

TuteeHUB · Accepted Answer

the market value of all final goods and services produced in an economy

TuteeHUB · Answer

the market value of all final goods and services produced in an economy taking into account net factor income from abroad

TuteeHUB · Answer

the market value of all final goods and services produced in an economy plus indirect taxes

TuteeHUB · Answer

the market value of all final goods and services produced in an economy plus indirect taxes minus subsidies

1.	Gross National Product at market prices is defined as : [CPO AC 2003]
A.	the market value of all final goods and services produced in an economy taking into account net factor income from abroad
B.	the market value of all final goods and services produced in an economy
C.	the market value of all final goods and services produced in an economy plus indirect taxes
D.	the market value of all final goods and services produced in an economy plus indirect taxes minus subsidies
Answer» B. the market value of all final goods and services produced in an economy

Discussion