Components of value added method
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Identify all the producing units in the domestic economy and classify them into the primary, secondary and tertiary sector. Then add GVA of all the three sectors, Primary, Secondary and Tertiary to get GDP of the economy.
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Identify all the producing units in the domestic economy and classify them into the primary, secondary and tertiary sector. Then add GVA of all the three sectors, Primary, Secondary and Tertiary to get GDP of the economy.
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