GDPMP will be equal to GDPFC if Option 1: Gross domestic capital formation= Net domestic capital formation Option 2: Indirect taxes=subsidy Option 3: Factor income from abroad=Factor income to abroad Option 4: Opening stock = Closing stock

The answer is 'Indirect taxes=subsidy'. View full solution:

CUET Economics - GDPMP will be equal to GDPFC if | PYQs + Solutions

CUET Economics

Macro

Easy

Gross domestic capital formation= Net domestic capital formation

Indirect taxes=subsidy

Factor income from abroad=Factor income to abroad

Opening stock = Closing stock

✅ Correct Option: 2

Related questions:

13 May Shift 1

Arrange the following steps of calculation of National income in sequence.

(A) Deduction of intermediate cost

(B) Estimation of value of output

(D) Deduction of depreciation and NIT

Choose the correct answer from the options given below:

22 May Shift 1

Match List-I with List-II

List-I	List-II
(A). Gross Domestic Product at Market Prices (GDPMP)	(I). C + I + G + (X - M)
(B). Gross Domestic Product at Factor Cost (GDPFC)	(II). GDPMP - Depreciation
(C). Net Domestic Product at Market Prices (NDPMP)	(III). GDPMP - Net Product Taxes
(D). Net Domestic Product at Factor Cost (NDPFC)	(IV). NDPMP - Net Product Taxes - Net Production Taxes

Choose the correct answer from the options given below:

22 May Shift 2

Nation Income – Undistributed profits – Net interest payments made by households – Corporate tax + Transfer payments to the households from the government and firms, is ______

CUET Economics PYQs

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