Economics · National Income Accounting
Analysis of the Workforce in the Industrial Sector (Secondary): A manufacturing company has a total annual turnover of 1,000,000 units. - Costs of raw materials and energy: 400,000 units. - Wages for 100 regular employees (Organized): 300,000 units. - Payments to 50 daily-wage contractors (Unorganized): 50,000 units. - Interest and Taxes: 100,000 units. - Depreciation: 50,000 units. Calculate the Gross Value Added (GVA) by this company and the Average Wage per Organized worker compared to the Average Wage per Unorganized worker.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1GVA 500,000; Organized wage 3,000; Unorganized wage 1,000
- 2GVA 600,000; Organized wage 6,000; Unorganized wage 5,000
- 3GVA 1,000,000; Organized wage 3,000; Unorganized wage 1,000
- 4GVA 600,000; Organized wage 3,000; Unorganized wage 1,000✓
Correct answer
GVA 600,000; Organized wage 3,000; Unorganized wage 1,000
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