GDP at market Price and GDP at Factor cost | Economics explainer series | Basic economic Concepts

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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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