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CBSE Class 12-commerce Answered

What is the difference between national income at market price and factor cost?
Asked by Topperlearning User | 15 Apr, 2016, 14:30: PM
answered-by-expert Expert Answer

National income at market price which includes the impact of subsidies which tend to decrease and the impact on indirect taxes which tend to increase the market price.

National income at factor cost will not get any impact of subsidies and indirect taxes.

Answered by | 15 Apr, 2016, 16:30: PM
CBSE 12-commerce - Macroeconomics
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Asked by Topperlearning User | 15 Apr, 2016, 14:30: PM
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Asked by Topperlearning User | 15 Apr, 2016, 14:30: PM
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CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 15 Apr, 2016, 14:30: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 15 Apr, 2016, 14:30: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 15 Apr, 2016, 14:30: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
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