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प्रश्न
What should be added/subtracted from the net domestic product at market prices to get the net domestic product at factor cost?
लघु उत्तरीय
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उत्तर
To get Net Domestic Product at Factor Cost (NDP at FC) from Net Domestic Product at Market Prices (NDP at MP), you need to subtract net indirect taxes.
Formula:
NDP at Factor Cost = NDP at Market Prices − Net Indirect Taxes.
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