Economy, asked by kanikapandit0212, 8 months ago

Calculate gross value added of factor cost : (i)Units of output gold (units) 1000
(ii) Price per unit of output (Rs.) 30
(iii) Depreciation (Rs.) 1000
(iv) Intermediate cost (Rs.) 12000
(v) Closing stock (Rs.) 3000
(vi) Opening stock (Rs.) 2000 (vii) Excise (Rs.) 2500
(viii) Sales Tax 3500​

Answers

Answered by Riddhiarmy7
1

Answer:

Hi

Explanation:

GDP at market price = GDP at factor cost + net indirect taxes(indirect taxes- subsidies). GVA at factor cost = value of output (quantity * price) - value of intermediary consumption.

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