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  1. V

    do variables at factor cost contain subsidies?

    This is how it was asked in my exam as a true/false question "Variables at factor cost do not contain subsidies" Correct answer according to my professor - TRUE
  2. V

    do variables at factor cost contain subsidies?

    So you agree with me?
  3. V

    do variables at factor cost contain subsidies?

    I am a student and I am having an argument with my macroeconomics professor who says that variables at factor cost(or true factor cost as he calls it) do not contain subsidies whereas I think otherwise. My argument is based on a very simple example which is that is a farmer sells sugarcane to...
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