The Sum of the Value Added of Every Firm Involved

question 187

Multiple Choice

The sum of the value added of every firm involved in producing all final goods and services ________ gross domestic product.

• A)equals
• B)is greater than
• C)is less than
• D)is sometimes greater than and other times less than
• E)is unrelated to

---

Definitions:

Civil Law

Civil law is a legal system that deals with disputes between private parties, and includes laws such as contracts, torts, and property, distinguishing it from criminal law.

Legal Realism

The school of jurisprudence which dictates that context must be considered as well as law. Context includes factors such as economic conditions and social conditions.

Public Law

Laws that concern relationships between individuals and the government, including constitutional, administrative, and criminal laws.

Civil Law

Civil law is a legal system originating in Europe, intellectualized within the framework of Roman law, and comprising a comprehensive set of legal codes that govern private law matters.