Question

WHICH ONE LEADS TO FACTOR COST ? * 1 point MARKET PRICE - INDIRECT TAX MARKET PRICE - NET INDIRECT TAX MARKET PRICE + INDIRECT TAX MARKET PRICE + NET INDIRECT TAX

Answer 1

Goods produced are sold at market prices which include the indirect taxes imposed by the Government. Indirect ... Hence, net national income at factor cost shows the income actually

Answer 2

Answer:

Goods produced are sold at market prices which include the indirect taxes imposed by the Government. Indirect ... Hence, net national income at factor cost shows the income actually.

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