NNP at Market Prices + Depreciation – Net Indirect Taxes equals
- A.GNP at market prices
- B.NNI at market prices
- C.GNP at factor cost
- D.GDP at factor cost
Show answer
Work through the expression in two steps. Adding depreciation to a net aggregate turns it gross, so NNP at market prices plus depreciation gives GNP at market prices.
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