Multiple Choice
In a given year, suppose a company spends $300 million on intermediate goods and $500 million on wages, with no other expenses. Also assume that its total sales are $800 million. The value added by this company equals:
A) $300 million.
B) $500 million.
C) $200 million.
D) $100 million.
E) $400 million.
Correct Answer:
Verified
Correct Answer:
Verified
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