Summing the value added of all firms yields the value of final goods and services produced because both measures:

Name: Summing the value added of all firms yields the value of final goods and services produced because both measures:
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Question

Quizplus · Accepted Answer

Using the production-side approach to calculating GDP, only the value of final goods and services are summed; similarly, the value-added approach only sums up the additional final value created at each stage of production.

Summing the Value Added of All Firms Yields the Value