Economy, asked by WORLD2030, 1 year ago

what is gva at basic price and gva at factor cost

Answers

Answered by zaidkhan620305
2
GVA at basic prices will include production taxes and exclude production subsidies available on the commodity. GVA at factor costincludes no taxes and excludes no subsidies. GDP at market pricesinclude both production and product taxes and excludes both production and product subsidies.

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