A) Deduct indirect taxes and added subsidies from it
B) Subtract subsidies from it and indirect taxes to it
C) Deduct indirect taxes and subsidies from it
D) Deduct weight of inflation for the period from it
Correct Answer: A
Solution :
GDP (FC) is GDP (MP) minus indirect taxes plus subsidies. The more is the subsidy, the more is difference between the GDP (FC) & GDP (MP).You need to login to perform this action.
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