Consider an economy where the total sales receipts from wheat, flour, bread sandwich are 23, 53, 110 and 190 respectively. If the economy produces prove that the total value added in the economy is equal both to the final sales only those proceeds and the total factor earnings
Answers
Answer:
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Explanation:
— Consider an economy where the total sales receipts from wheat, flour, bread and sandwiches are 23, 53, 110 and 190 respectively. If the ...
1 answer
·
3 votes:
Answer:we have let add the all price on which they sell =23+53+110+190=76+210= 2
— Consider an economy where the total sales receipts from wheat, flour, bread and sandwiches are 23, 53, 110 and 190 respectively. If the ...
1 answer
·
3 votes:
Answer:we have let add the all price on which they sell =23+53+110+190=76+210= 2
— Consider an economy where the total sales receipts from wheat, flour, bread and sandwiches are 23, 53, 110 and 190 respectively. If the ...
1 answer
·
3 votes:
Answer:we have let add the all price on which they sell =23+53+110+190=76+210= 2— Consider an economy where the total sales receipts from wheat, flour, bread and sandwiches are 23, 53, 110 and 190 respectively. If the ...
1 answer
·
3 votes:
Answer:we have let add the all price on which they sell =23+53+110+190=76+210= 2
— Consider an economy where the total sales receipts from wheat, flour, bread and sandwiches are 23, 53, 110 and 190 respectively. If the ...
1 answer
·
3 votes:
Answer:we have let add the all price on which they sell =23+53+110+190=76+210= 2v
By Adding up all the value added of wheat , flour, bread and sandwich we get 23+53+110+190=376
Explanation:
- To find GDP by product method we need the value added of each product minus raw materials ( intermediate consumption) since here whatever is produced is sell to another sector the value of products is overvalued twice by the value of raw materials used is not given so we have to add all value added. And finally bu national income identity we know value added is equal to income and expediture method