Net national product at market price minus net indirect taxes is equal to _______.

net foreign investment

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net foreign investment plus net domestic investment

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net national product at factor cost

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replacement expenditure

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Solution

The correct option is A net national product at factor cost
$N N P_{m p} - N e t I n d i r e c t T a x e s = N N P_{f c}$ .
This is because the market price is the cost of production, i.e, factor cost, plus the taxes payable on the product.

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Similar questions

Particulars	Rs. in crores
(i) Gross national product at market price (ii) Indirect Tax (iii) Subsidies (iv) Depreciation (v) Net Factor income from abroad	58,350 2,590 1,540 1,625 -240

(i) Rent and interest	(Rs. in crores) $6, 000$
(ii) Wages and salaries	$1, 800$
(iii) Undistributed profit	$400$
(iv) Net indirect taxes	$100$
(v) Subsidies	$20$
(vi) Corporation tax	$120$
(vii) Net factor income to abroad	$70$
(viii) Dividends	$80$
(ix) Consumption of fixed capital	$50$
(x) Social security contribution by employers	$200$
(xi) Mixed income	$1, 000$

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