Advertisements
Advertisements
Question
What does the Factor Cost represent?
Options
Net Indirect Tax of all final goods and services.
Depreciation of all final goods and services.
Money Value of all final goods and services.
None of the above.
MCQ
Solution
Money Value of all final goods and services.
Explanation:
The sum of the money values is the factor cost.
shaalaa.com
Gross and Net Domestic Product (GDP and NDP)
Is there an error in this question or solution?
