Value Added Can Be Determined by

question 113

Multiple Choice

Value added can be determined by

• A)subtracting the cost of the intermediate goods from the price of the product at each stage of production.
• B)adding the income of all consumers during the year.
• C)summing the market values of all intermediate goods.
• D)calculating the percentage change in GDP from one year to the next.
• E)dividing GDP by the GDP price deflator.

---

Definitions:

Injury Prevention

Strategies and actions aimed at avoiding accidents or harm to individuals, often involving education, safety equipment, and environmental adjustments.

Emotional Stability

Refers to a person's ability to remain stable and balanced in their emotions, even in stressful situations.

Safety Precautions

Measures taken in advance to prevent accidents or harm to individuals in various environments, including the workplace, home, or public spaces.

Financial Ability

Financial ability refers to the capacity of an individual or entity to manage expenses and invest in assets, often involving income, savings, and credit.