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    Exam 7: Measuring Domestic Output and National Income
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    Value Added by a Firm Is the Market Value of the Firm's
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Value Added by a Firm Is the Market Value of the Firm's

Question 30

Question 30

Multiple Choice

Value added by a firm is the market value of the firm's output minus the:


A) Total wages paid to its employees
B) Value of inputs bought from other firms
C) Profits that the firm's owners earn
D) Total costs of all inputs used

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