Value added is :

Anurag Pathak
April 10, 2023
Macro Economics (Class 12th), National Income and related aggregates

846 viewsApril 10, 2023Macro Economics (Class 12th)National Income and related aggregates

Anurag Pathak28.36K April 10, 2023 0 Comments

Value added is :

a) Sale price minus the purchase price

b) Sales plus stocks minus purchases

c) Sales plus the net change in stocks minus intermediate costs

d) Value of output minus purchases

Anurag Pathak Changed status to publish April 10, 2023

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Anurag Pathak28.36K Posted April 10, 2023 0 Comments

Ans – c)

Explanation:-

Value Added (GDP at MP) = Sales + Net change in stock – Intermediate Costs

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