Solved

Value Added Is

Question 185

Multiple Choice

Value added is


A) the price of an intermediate product.
B) the amount of dollar value contributed to a product at each stage of its production.
C) the sum of the prices of intermediate products.
D) the dollar value contributed to a product at the last stage of its production.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q180: U.S. Gross Domestic Product (GDP) does NOT

Q181: In the circular flow model<br>A) households demand

Q182: In the simple circular flow model<br>A) households

Q183: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the

Q184: The sum of the value added at

Q186: In calculating GDP, the value of intermediate

Q187: The dollar value of final output<br>A) is

Q188: Indirect business taxes refer to<br>A) depreciation expenses.<br>B)

Q189: Wheat used for producing bread is<br>A) a

Q190: Suppose the total value of all assets