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Consider the Following Data, Which Shows the Quantities and Prices

Question 131

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Consider the following data, which shows the quantities and prices of two goods produced in the economy, to answer the next three questions:
Consider the following data, which shows the quantities and prices of two goods produced in the economy, to answer the next three questions:    -An accurate measure of GDP is derived by adding: A)  the dollar value of all goods and services produced. B)  the value added at each stage of the production process. C)  the value of all materials used to make the final goods and services. D)  the profit earned from the sale of the final goods and services. E)  the value of the intermediate goods used to produce the final goods and services.
-An accurate measure of GDP is derived by adding:


A) the dollar value of all goods and services produced.
B) the value added at each stage of the production process.
C) the value of all materials used to make the final goods and services.
D) the profit earned from the sale of the final goods and services.
E) the value of the intermediate goods used to produce the final goods and services.

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