

MCQOPTIONS
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1. |
Which of the following is not true about GVA?
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A. | It gives a picture of the state of economic activity from the producers' side or supply side. |
B. | It facilitates easy cross country comparisons. |
C. | The calculation of GVA excludes indirect taxes. |
D. | It can be calculated at various levels- firms, industries or sectors. |
E. | All are correct |
Answer» C. The calculation of GVA excludes indirect taxes. | |