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Q: __________ is the market value of a firm s output less the value of the inputs the firm has bought from the previous seller. A. Value added B. Net Domestic Product C. Real GDP D. Genuine
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A: Value added is the market value of a firm s output less the value of the inputs the firm has bought from the previous seller.
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Asked 7/4/2012 4:51:00 PM
Updated 4/17/2014 12:09:37 PM
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Value added is the market value of a firm s output less the value of the inputs the firm has bought from the previous seller.
Added 4/17/2014 12:09:37 PM
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The concept of "net domestic investment" refers to:
Question
Expert Answered
Updated 6/19/2016 10:21:22 PM
1 Answer/Comment
The concept of net domestic investment refers to total investment less the amount of investment goods used up in producing the year's output.
Added 6/19/2016 4:55:06 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [6/19/2016 10:21:21 PM]
Which of the following is the best example of an intermediate product? A. A road B. Steel C. Bread D. A TV set
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Updated 2/4/2017 8:11:01 AM
1 Answer/Comment
Steel is the best example of an intermediate product.
Added 2/4/2017 8:11:01 AM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [2/4/2017 5:23:44 PM]
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