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    Exam 2: The Measurement and Structure of the National Economy
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    The Value of a Producer's Output Minus the Value of the Inputs
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The Value of a Producer's Output Minus the Value of the Inputs

Question 52

Question 52

Multiple Choice

The value of a producer's output minus the value of the inputs it purchases from other producers is called the producer's


A) surplus.
B) profit.
C) value added.
D) gross product.

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