Question

calculate value of output from the following data: subsidies 10, intermediate consumption 150, net addition to stock-13, depreciation 30, excise duty 20, net value added to factor cost 250​

Answer 1

The value of output is 440

Explanation:

The value of the output is computed as follows:

Value of output = Net value added at Factor Cost (NVAFC) + Intermediate consumption - Subsidies + Depreciation + Excise duty

where

Net value added at Factor cost (NVAFC) is 250

Intermediate consumption is 150

Subsidies is 10

Depreciation is 30

Excise duty is 20

Putting the values above:

Value of output = 250 + 150 - 10 + 30 + 20

Value of output = 400 - 10 + 50

Value of output = 400 + 40

Value of output = 440

Answer 2

Answer:

440...

Explanation:

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