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Differentiate between GVA at basic prices and expenditure on GDP at market price
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Differentiate between GVA at basic prices and expenditure on GDP at market price

User Binil Surendran
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Answer:

Explanation:However, GVA at basic prices will include production taxes and exclude production subsidies available on the commodity. On the other hand, GVA at factor cost includes no taxes and excludes no subsidies and GDP at market prices include both production and product taxes and excludes both production and product subsidies

User Craig Howard
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