Economics (M.Phil./Ph.D.) 2016 Panjab University Entrance Exam With Answers

Practice Mode:
34.

GNP at factor cost is equal to:

A: GNP at factor price – Net Direct Taxes
B: GNP at factor cost + Net Direct Taxes
C: GNP at market prices – Net Indirect Taxes
D: None of these

The answer is: C