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Which item must be accounted for when moving from Gross Value Added toward Net Value Added?

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Question

Which item must be accounted for when moving from Gross Value Added toward Net Value Added?

Options

  • Depreciation

  • Exports

  • Inventory accumulation only

  • Final goods sold

MCQ
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Solution

Gross Value Added includes depreciation. Net Value Added equals Gross Value Added minus depreciation.

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