Value Added Refers To

question 178

Multiple Choice

Value added refers to:

• A)any increase in GDP which has been adjusted for adverse environmental effects.
• B)the excess of gross investment over net investment.
• C)the difference between the value of a firm's output and the value of the inputs it has purchased from others.
• D)the portion of any increase in GDP which is caused by inflation as opposed to an increase in real output.

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Definitions:

Major Split

A significant division or separation, often used to refer to a disagreement or divergence in a group or theory.

Archaea

A domain of single-celled microorganisms that are distinct from bacteria and eukaryotes, often found in extreme environments.

Mitochondria

Organelles found in the cells of nearly all eukaryotic organisms, responsible for producing energy through the process of oxidative phosphorylation.