A firm produces good of 500 per year and intermediate good use by the firm is word rupees 250. The cost of capital consumption is rupees 20 per year calculate gross value added and net value aded
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4
Answer:
Gross value added (GVA) is an economic productivity metric that measures the contribution of a corporate subsidiary, company, or municipality to an economy, producer, sector, or region.
GVA provides a dollar value for the amount of goods and services that have been produced in a country, minus the cost of all inputs and raw materials that are directly attributable to that production. GVA thus adjusts gross domestic product (GDP) by the impact of subsidies and taxes (tariffs) on products.
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14
Answer:
Gross Value Added = 500-250
= 250 rs.
Net value Added = GVA - Depreciation
= 250 - 20
= 230rs.
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