The sum of net value added at factor cost of all the producing units of an economy gives:
The sum of net value added at factor cost of all the producing units of an economy gives:
(a) Gross domestic product at market price
(b) Net domestic product at market price
(c) Net domestic product at factor cost
(d) Gross domestic product at factor cost
Anurag Pathak Changed status to publish December 13, 2023
Ans – (c)
Explanation:-
the sum of net value added at factor cost of all the producing units is equal to the Net domestic product at factor cost.
Anurag Pathak Changed status to publish December 13, 2023
