Question

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Calculate value added by firm x and firm y from the following data:

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Answer 1

Answer:

Calculate National Income With the Help of Value Added Method

1 - Purchase By Firm A From Abroad Rs 60

2 - Sales By Firm B Rs 180

3 - Purchase By Firm A from Firm B Rs 100

Explanation:

GD is Rs.520 and nominal GDP id Rs.650, calculate the price index (base=100).