Economics · National Income Accounting
Arrange the following steps for calculating National Income using the Value Added Method in the correct logical sequence: (A) Deduction of intermediate consumption cost (B) Estimation of value of output (C) Addition of net factor income from abroad (NFIA) (D) Deduction of depreciation and Net Indirect Taxes (NIT) Choose the correct answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1(C), (D), (A), (B)
- 2(B), (A), (D), (C)✓
- 3(A), (C), (B), (D)
- 4(A), (B), (C), (D)
Correct answer
(B), (A), (D), (C)
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