Sail E0 Webinar
Question
Market price includes the impact of indirect taxes, but not of subsidies.
Options:
A .  True
B .  False
C .   national income at constant prices
D .  national income at average prices of the past 10 years 
Answer: Option B
:
B
Market price includes the impact of both indirect taxes and subsidies. Indirect taxes raise the market price while subsidies lower it.

Was this answer helpful ?
Next Question

Submit Solution

Your email address will not be published. Required fields are marked *

Latest Videos

Latest Test Papers