Examlex
The weight of a substance compared to the weight of an equal volume of water for liquids, or air for gases is referred to as:
Value Added
The increase in the value of a product or service as a result of a particular process, excluding the costs of raw materials and energy.
Intermediate Products
Intermediate products are goods that are used as inputs in the production of other goods or services, rather than being sold directly to consumers.
Investment Goods
Physical goods acquired to create value over time by being used in the production of other goods or services.
Base Year
A specific year against which economic growth, inflation, and other economic indicators are measured to assess changes over time.
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