The difference between the value of a business's output and the value of intermediate products and services bought from other businesses equals
A) net exports.
B) net profits.
C) net taxes.
D) investment in inventories.
E) inputs' incomes.

Question

Quizplus · Accepted Answer

The difference between the value of a business's output and the value of intermediate products and services is known as the value added, which is distributed as incomes to the inputs (labor, capital, etc.) used in production.

The Difference Between the Value of a Business's Output and the Value