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GDP at market prices is equal to

1786Medium DSSSB TGT Computer Science 0 replies 1 views
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GDP at market prices is equal to

  • AGDP at factor cost − indirect taxes + subsidies
  • BGDP at factor cost + indirect taxes − subsidies
  • CGDP at factor cost + subsidies
  • DNDP at factor cost + depreciation
Correct answer: B

Explanation

Market price includes indirect taxes and excludes subsidies, so GDP(MP) = GDP(FC) + indirect taxes − subsidies.
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