A Value-Added Approach to Macroeconomics

Paddy Quick

Forum for Social Economics, 2009, vol. 38, issue 2-3, 129-134

Abstract: Focusing on the “value-added” approach to computing Gross National Product encourages students to see their role as a producers, rather than only as consumers. It also offers an alternative approach the distribution of income between labor and capital from that provided by marginal productivity theory.

Date: 2009
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DOI: 10.1007/s12143-009-9041-1

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