Value Added in National Income Accounts Refers to The

question 301

Multiple Choice

Value added in national income accounts refers to the:

• A) value added by labour to the production process.
• B) difference between the price and the value of inputs purchased.
• C) difference in profits at various stages of production.
• D) value of all inputs used by the final producer.

---

Definitions:

Networking Opportunities

Chances or situations where individuals can interact with others to exchange information and develop professional or social contacts.

Instant Messaging

Instant messaging is a form of real-time communication through text messages sent over the internet between two or more people.

Microblogs

Online platforms that allow users to post short messages or updates, often shared with a wide audience or followers.

Short Messages

Concise forms of communication typically aimed at conveying information quickly and effectively.