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Q: What is value added approach?
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What are the 3 approaches of GNP?

expenditures approach, income approach, industrial origin approach, value added approach


What are the methods of calculating GDP?

expenditure approach and income approach & VALUE ADDED METHOD


Definition of industrial origin approach?

Industrial origin approach refers to contribution of resources from different sectors for the production of goods and services. This approach is also called value added approach.


Which activity is an important component of the Gross Domestic Product (GDP)?

It matters by the approach you take. In the expenditure approach (C+I+G+NX) C or consumption is the largest part In the income approach, it is income given to labor In the value added approach, it is the difference between input price and output. note:all final GDP calculations arrive at the same value.


What is most probable value?

the value approach the true value


What is value- added retailing?

what is value added retailing


Does General Electric use cost based or value based pricing approach?

value-based pricing approach


Use value-added in a sentence?

value added benefit


What is the value of understanding?

on how the people understand a value to the personality approach..


What is meant by added value?

An amt added to the value of a product, equally


Full form the VAT?

Value Added Taxvalue added tariffVAT is the abbreviation for "Value added Tax"-------------------------------------- ------ ----------------------------------------------


What is the full form of 'VAN'?

Value added neywork