English, asked by nupurmohanand, 11 months ago

explain the procedures of calculating Nation income by value addedmethod​

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Answered by spsingh05481
1

Answer:

Value-Added Method: The value-added method of calculating national income focuses on the value added to a product at each stage of production. To calculate the national income using this method, we will have first to calculate the net value added at factor cost (NVAfc).

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