Question

    What does 'GVA' stand for in economic contexts?

    A General Value Added Correct Answer Incorrect Answer
    B Gross Value Added Correct Answer Incorrect Answer
    C Group Value Addition Correct Answer Incorrect Answer
    D Gross Volumetric Analysis Correct Answer Incorrect Answer

    Solution

    Gross Value Added (GVA) is a productivity metric that measures the contribution of a corporate sector, industry, or region to an economy. It represents the value added by the process of production.

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