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.
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
Net value added at factor cost = 560, Depreciation = 60, Change in stock = (-) 30, Intermediate cost = 1000, Exports = 200, Indirect taxes = 60
Question : Which of the following is a correct expression?
Question : Which of the following formulas is correct for Gross Value Added(GVA)?
Question : Value added = Value of output - ?
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