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    5. What is the difference between GVA and GDP?

    Question

    What is the difference between GVA and GDP?

    A Investment Correct Answer Incorrect Answer
    B Taxes and subsidies Correct Answer Incorrect Answer
    C Depreciation Correct Answer Incorrect Answer
    D Inflation Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    GVA= Gross Domestic Product + Subsidies on products – Taxes on products

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