Economics · National Income Accounting
Which of the following formulas correctly defines Net Value Added at Market Price (NVAMP)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Sales + Change in stocks
- 2Net Domestic Product + Net factor income from abroad
- 3Value of output - Intermediate consumption
- 4Gross Value Added at Market Price - Consumption of fixed capital (Depreciation)✓
Correct answer
Gross Value Added at Market Price - Consumption of fixed capital (Depreciation)
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