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GDP at market Price vs GDP at Factor cost | Economics explainer series | Concepts in 10 minutes - In this video, we will discuss the GDP at Market rate and the GDP at Factor cost.
What you will learn?
- What is factor cost and what is market price
- What is GDP at Market price?
- What is GDP at factor cost?
- Difference between GDP at market price and GDP at Factor cost
This video is a part of explainer series in which key terms of economics are explained with 10 minutes videos.
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