Value Added Can Be Determined by

question 113

Multiple Choice

Value added can be determined by

• A)subtracting the cost of the intermediate goods from the price of the product at each stage of production.
• B)adding the income of all consumers during the year.
• C)summing the market values of all intermediate goods.
• D)calculating the percentage change in GDP from one year to the next.
• E)dividing GDP by the GDP price deflator.

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