76.3k views
4 votes
The difference between indirect tax and subsidy is known as:

Select one:
a. Net Indirect Tax
b. Depreciation
c. Capital consumption allowances
d. Net Factor Income from Abroad

= Net Indirect Tax​

User Nevvermind
by
5.0k points

2 Answers

10 votes

Answer:

Net indirect tax is the difference

User Fabien Demangeat
by
4.2k points
7 votes

Answer:

A. Net Indirect Tax

Step-by-step explanation:

Net Indirect Tax is the difference between the Indirect tax and subsidy. To find out Market Prices (MP), indirect taxes are added and subsidies are subtracted from Factor Cost (FC) as explained above. In short, MP includes net indirect tax whereas FC does not.

User Jaecen
by
4.4k points