Economy, asked by tiwarichanda985, 11 months ago

what are the steps involved in the estimation of national income by value added method?
Please give answer in ur own words.

Answers

Answered by himanshusingh52

Mind, in value added method, national income is measured at the stage of production (or addition of value). Clearly, value added method measures the contribution of each producing unit in the domestic economy avoiding any possibility of double counting.

tiwarichanda985: hey I asked the steps

himanshusingh52: ohhh

tiwarichanda985: do you know it

himanshusingh52: hmm

himanshusingh52: Who are you?

tiwarichanda985: Priya

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