Question
If the Gross Domestic Product (GDP) at market prices is
$1,000 billion, the indirect taxes are $200 billion, and subsidies are $50 billion, what is the Gross Domestic Product at factor cost?Solution
GDP at factor cost = GDP at market prices − Indirect taxes + Subsidies GDP at factor cost = 1000 − 200 + 50 = 850 GDP at factor cost=1000−200+50=850 Correct answer: b) $850 billion
The costs that have already been incurred and cannot be recovered are called ____
Which part of alimentary canal of ruminants releases digestive enzymes to break protein, sugars and starch?
Which color sticky traps are used for aphids and white fly?
The etiology of H.S. disease in animal is -
What causes Milk Fever (parturient paresis) in cows soon after calving?
Common exit point for faeces and urine in poultry birds is____
What disease significantly affects the respiratory system of young chicks under 6 weeks old, potentially leading to egg quality issues and decreased egg...
The average gestation period of goat is …………………………days.
Which of the following is a function of cuboidal epithelial tissue?
Which buffalo breed is characterized by a jet-black colored body coat and short tightly curled horns, as well as being the best in milk production with ...