Question : Calculate ‘Sales’ from the following data:

Subsidies = 200, Opening stock = 100, Closing stock = 600, Intermediate consumption = 3000, Consumption of fixed capital = 700, Profit = 750, Net value added at factor cost = 2000

Option 1: 5050

Option 2: 5000

Option 3: 5010

Option 4: 4995

Question : Calculate ‘Sales’ from the following data:

Net value added at factor cost = 560, Depreciation = 60, Change in stock = (-) 30, Intermediate cost = 1000, Exports = 200, Indirect taxes = 60

Option 1: 1700

Option 2: 1705

Option 3: 1710

Option 4: 1715

Question : Which of the following is a correct expression?

Option 1: Depreciation = Net investment - Gross investment

Option 2: Gross investment = Net investment - Depreciation

Option 3: Net investment = Gross investment - Depreciation

Option 4: Net investment = Gross investment + Depreciation

Question : Which of the following formulas is correct for Gross Value Added(GVA)?

Option 1: (GVA) = Gross National Product – Subsidies + Taxes

Option 2: GVA= Gross Domestic Product – Subsidies + Taxes

Option 3: GVA = Gross National Product + Subsidies – Taxes

Option 4: GVA = Gross Domestic Product + Subsidies – Taxes

Question : Value added = Value of output - ? 

Option 1: Intermediate consumption.

Option 2: Sales

Option 3: Change in stock

Option 4: All of the above