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Value Added
Value Added
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Value-Subtracting Industry
Economics
Industry
Value Added
An industry where the value of output is less than that of purchased inputs, making the value added negative.
Read more about Value-Subtracting Industry.
Definitions
Double Counting
Double Counting
Economics
Value Added
National Product
An error in economic measurements that occurs when gross amounts are summed instead of net amounts, leading to inflated totals.
Read more about Double Counting.
Definitions
Value Added
Economics
Value Added
National Income
An exploration of the economic term 'value added', its significance, and its role in national income.
Read more about Value Added.
Economics Terms Lexicon
Ultimate Dictionary of Economics and Beyond.
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