GDPMP = GDPFC + Net Indirect Taxes (Indirect Tax - Subsidy). They are equal when Net Indirect Taxes = 0, which means Indirect taxes = Subsidy.
GDPMP will be equal to GDPFC if
CUET UG 2022 — Economics Macro
2022mcqeasy
GDPMP will be equal to GDPFC if
Official previous-year question
Verified 13 Jul 2026.
Options
- A
Gross domestic capital formation= Net domestic capital formation
- B
Indirect taxes=subsidy
- C
Factor income from abroad=Factor income to abroad
- D
Opening stock = Closing stock
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