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Non-Competitive Markets
Question
Wired Faculty App

From the following data, calculate gross value added at FC.    

   

(र in lacs)

(i)

Sales

180

(ii)

Rent

5

(iii)

Subsidies

10

(iv)

Change in stock

15

(v)

Purchase of raw materials

100

(vi)

Profits

25

Answer

GVA at FC = 180 + 15 - 100 + 10 = 105 lacs.

Sponsor Area

Some More Questions From Non-Competitive Markets Chapter

Consumption Goods and Capital Goods

Flow and Stock Concepts

Giving reasons categorise the following into stocks and flows:
(i) Losses (ii) Capital (iii) Production (iv) Wealth. 

Gross Investment and Net Investment

Domestic (Economic) Territory

National Income at Current and Constant Prices (Nominal and Real NI)

Consumption of Fixed Capital (Depreciation)

Factor Cost vs. Market Price (or Net Indirect Taxes)

Net Factor Income from Abroad (NFIA)

Value of Output vs. Value Added