To Calculate GDP Using the Value-Added Method,one Would Add Up

question 118

Multiple Choice

To calculate GDP using the value-added method,one would add up

• A)the market value of final goods and services produced during a particular period.
• B)only the value added by the underground economy.
• C)the value added by each firm involved in the production of final goods and services.
• D)the market value of intermediate goods and services produced during a particular period.

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Definitions:

Strategic HR Application

Involves aligning human resource management strategies with the business strategy to achieve competitive advantage.

Succession Management

The strategic process of identifying and developing potential future leaders or senior managers, as well as planning for the continuity of key roles within an organization.

Automation Capabilities

The extent to which a process, task, or job can be completed with minimal human intervention, through the use of technology or machines.

Artificial Intelligence

The simulation of human intelligence processes by machines, especially computer systems, including learning, reasoning, and self-correction.