How is NNP at factor cost derived from GNP at market prices?

Economics WAEC 2020

How is NNP at factor cost derived from GNP at market prices? 

  • GNP - Depreciation + Indirect taxes + Subsidies
  • GNP Depreciation - Indirect taxes + Subsidies
  • GNP + Depreciation Indirect taxes - Subsidies
  • GNP+ Depreciation- Indirect taxes + Subsidies checkmark

The correct answer is: D

Explanation

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