Question

Write the formula to calculate Gross Domestic Product at Market Price (GDPMP ).

Answer 1

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.

Hope it helped.

Please mark it as the brain list answer.

Answer 2

Answer:

this only I think is correct