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प्रश्न
Write short note on:
Value added approach
टिप्पणी लिखिए
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उत्तर
The value added approach measures the national income by estimating the contribution made by each of the producing units in the economy based on the total production within the domestic territory during an accounting year. The gross value added by all the producing units in the domestic territory during an accounting year is called Gross Domestic Product at market prices (GDPMP).
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