Question : Calculate ‘Intermediate Consumption’ from the following data
Gross value output = 300, Net value added at factor cost = 100, Subsidies = 15, Depreciation = 30
Option 1: 186
Option 2: 185
Option 3: 184
Option 4: 187
Correct Answer: 185
Solution : The correct answer is (b)185
Intermediate Consumption = Gross Value Output - Net Value Added at factor cost - Subsidies
Intermediate Consumption = 300 - 100 - 15
Intermediate Consumption = 185
Therefore, the value of Intermediate Consumption is 185.