Economics · National Income
As per the Output Method (Value Added Method) of measuring National Income, the value of output produced by each firm equals which of the following?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Total Inventories + Total Inputs
- 2Total Sales + Change in Inventories✓
- 3Total Wages
- 4Total Sales
Correct answer
Total Sales + Change in Inventories
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice National Income MCQs →Want more practice questions on National Income?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · National Income