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National Income Accounting — Economics STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceEconomicsNational Income Accounting1 Mark
MCQ
The difference between value of output and value added is $......$
  • A
    Depreciation.
  • ✓
    Intermediate consumption.
  • C
    Net Indirect Taxes.
  • D
    $\ce{NFIA}.$
✓

Answer

Correct option: B.
Intermediate consumption.

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