Economy, asked by sutheswaryj, 2 months ago

Calculate the value of gross domestic product at factor cost

Answers

Answered by subhsamavartj

Answer:

Formula: GDP (gross domestic product) at market price = value of output in an economy in the particular year – intermediate consumption at factor cost = GDP at market price – depreciation + NFIA (net factor income from abroad) – net indirect taxes.

Explanation:

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