difference between GDP and GVP
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Answer:
the full form of GDP is gross domestic products
and the full form of GVP is gross value product
explanation:
I don't know
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Gross value added (GVA) is an economic productivity metric that measures the contribution of a corporate subsidiary, company or municipality to an economy, producer, sector or region. Gross value added provides a dollar value for the amount of goods and services that have been produced in a country, minus the cost of all inputs and raw materials that are directly attributable to that production.
GVA thus adjusts gross domestic product (GDP) by the impact of subsidies and taxes (tariffs) on products.
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