Contribution of a production unit to national income is:
The contribution of a production unit to national income is:
a) Value of output less intermediate costs
b) Value of output less intermediate costs less depreciation
c) Value of output less intermediate costs less depreciation less indirect tax
d) Value of output less intermediate costs less depreciation less net indirect tax
Anurag Pathak Changed status to publish April 10, 2023
Ans – d)
Explanation:-
National income = NDP at FC + NFIA
The production unit contributes the value added at factor cost (NDP at FC)
NDP at FC = Value of output – Intermediate costs – depreciation – Net indirect tax
Anurag Pathak Changed status to publish April 10, 2023
