Total Value Added in an Economy Is Equal to the Value

question 88

Multiple Choice

Total value added in an economy is equal to the value of

• A)all final goods produced.
• B)all final and intermediate goods produced.
• C)all inputs and outputs in the economy.
• D)all profits of all firms in the economy.
• E)the sum of the value of primary,intermediate and final goods.

---

Definitions:

Object Permanence

The realization that objects still exist even when they are not visible, audible, or tangible.

Manual Dexterity

The skillful use of the hands and fingers to perform tasks with precision, often important in various professions and daily activities.

Gross Motor Development

The progression of physical abilities involving large muscle movements such as walking, jumping, and throwing, typically observed in early childhood development.

Motor Milestones

Specific physical skills or movements that most children achieve by a certain age, indicating developmental progress.