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| Q.2 | Which of the following formulas is correct for Gross Value Added? | |
| Ans | 1. Gross Value Added = Gross National Product + Subsidies – Taxes | |
| 2. Gross Value Added = Gross Domestic Product + Subsidies – Taxes | ||
| 3. Gross Value Added = Gross Domestic Product – Subsidies + Taxes | ||
| 4. Gross Value Added = Gross National Product – Subsidies + Taxes |
Correct Ans: 2
