Mention the situations in which following equations will hold true : (i). Value of Output is equal to Value Added. (ii) National income at Current Price=National income at Constant Price (iii) Gross domestic capital formation=Gross domestic fixed capital formation (iv) Operating Surplus=Rent+Royatty+Profit

Mention the situations in which following equations will hold true : (

1.	Mention the situations in which following equations will hold true : (i). Value of Output is equal to Value Added. (ii) National income at Current Price=National income at Constant Price (iii) Gross domestic capital formation=Gross domestic fixed capital formation (iv) Operating Surplus=Rent+Royatty+Profit
Answer» (i) When intermediate consumption is zero. (ii) When Price in the base year=Price in the current year. (iii) When change in stock (or inventory investment ) is zero. (iv) When there is no income in the form of interest.