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      Question

      Refer to the below table and calculate the net value

      added at market price
      A 1700 Correct Answer Incorrect Answer
      B 1650 Correct Answer Incorrect Answer
      C 2400 Correct Answer Incorrect Answer
      D 1600 Correct Answer Incorrect Answer

      Solution

      GVA MP = Value of Output – Intermediate Consumption Value of Output = Sales + Change in stocks 2200 + 200 = 2400 Intermediate Consumption = 700 GVA MP = 2400 – 700 = 1700 NVA MP = GVA MP - Depreciation = 1700 – 50 = 1650

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