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Value added is :

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

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

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Anurag Pathak24.20K 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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1 Answer

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Anurag Pathak24.20K Posted April 10, 2023 0 Comments

Ans – c)

Explanation:-

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

Anurag Pathak Changed status to publish April 10, 2023

Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.