Teaching EMRS JSA (Junior Secretariat Assistant) Mock Test Series 2023 General Knowledge Economy National Income Accounting
The value added of a firm is calculated as ________.
1
value of production of the firm – value of intermediate goods used by the firm
2
value of production of the firm + value of capital goods used by the firm
3
value of production of the firm / value of intermediate goods used by the firm
4
value of production of the firm + value of intermediate goods used by the firm