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Question

Calculate the total value added from the following data. Ignore units. Value of output in primary sector800Value of output in secondary sector200Value of output in tertiary sector300Value of raw materials purchased by primary sector400Value of raw materials purchased by secondary sector100Value of raw materials purchased by tertiary sector50


  1. 750

  2. 1,300

  3. 800

  4. 400


Solution

The correct option is A

750


Value added = Value of output in all sectors-Value of raw materials purchased by all sectors

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