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The Production-Based Method of National Accounting Sums Up the ________

Question 3

Multiple Choice

The production-based method of national accounting sums up the ________.


A) expenditure incurred by domestic and foreign economic agents on domestic products
B) value that is added by each domestic firm in the production process
C) income earned by each factor of production by participating in the production process
D) total revenue earned by all the firms in the economy

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