Managerial Economics

1:

Which is correct statement about GNP?

A.

GNP at factor cost = GNP at market prices - Indirect taxes + subsidies

B.

Wages + Dividend

C.

GNP = Capital + Assets - Depreciation

D.

GNP at market price = GDP + cost of capital

 

Answer : A

Explanation :

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Option: A

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