NNP at factor cost =
A. NNP at factor price – Indirect taxes + subsidies
B. NNP at market price – Indirect taxes + subsidies
C. NNP at market price – Direct taxes + subsidies
D. NNP at factor price – Direct taxes + subsidies
Answer:B
NNP at factor cost =
A. NNP at factor price – Indirect taxes + subsidies B. NNP at market price – Indirect taxes + subsidies C. NNP at market price – Direct taxes + subsidies D. NNP at factor price – Direct taxes + subsidies