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Why is the value added by each producer included in the calculation of GDP instead of its sales revenue?

mdensmore

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Why is the value added by each producer included in the calculation of GDP instead of its sales revenue?

Why is the value added by each producer included in the calculation of GDP instead of its sales revenue?

Textbook

Macroeconomics

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

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collegelife_288

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