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    Question

    Commodity service method is another name for which of the following methods?

    A Expenditure Method Correct Answer Incorrect Answer
    B Income Method Correct Answer Incorrect Answer
    C Value Added method Correct Answer Incorrect Answer
    D Common Added Method Correct Answer Incorrect Answer

    Solution

    Commodity service method also known as value added method refers to a method for calculating the national income of quoted price of a commodity in general where the amount of cost in each level of production is added to generate the total price of the commodity including the normal profit for the production unit.

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