approach is the value added by each
intermediate good is summed to estimat
the value of the final good.
a) Expenditure approach
b) Value added approach
c) income approach
d) National Income
Answers
Answered by
12
Answer:
b) value added approach
Explanation:
Intermediate goods are used in the production process to produce a final good or finished product. ... When calculating GDP, economists use the value-added approach with intermediate goods to ensure they are not double counted.
Answered by
1
Answer:
value added aproach is the answer
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