Answer to Question #194101 in Macroeconomics for Reetam

Question

Form X sold goods worth rupees 10000 to form Y and form Y produced goods worth rupees 2000. It's sold goods worth rupees 1700 consumer households. It has an unsold stock of rupees 300. How much is the gross value added by form Y

Answer 1

Sales=1700,stock=300, intermediate consumption to produce good=2000

Gross value added by firm Y(GVA) = Sales + stocks-Intermediate consumption

=1700+300-2000=0

Hence GVA is 0.