The Value Added Method of Calculating GDP Means

question 307

Multiple Choice

The value added method of calculating GDP means

• A) adding up the market values of all intermediate goods.
• B) calculating the percentage changes in the GDP between two years.
• C) adding up the incomes of all businesses in a given year.
• D) adding up the difference between the sale price and the value of intermediate goods of each product at every stage of production.

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