Is it accurate to say that, if there are more stages of production (i.e., more steps between

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Is it accurate to say that, if there are more stages of production (i.e., more steps between the production of raw materials and the production of a final product), then GDP will be higher?

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Managing in a Global Economy Demystifying International Macroeconomics

ISBN: 978-1285055428

2nd edition

Authors: John E. Marthinsen

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Question Posted: Mar 09, 2016 06:43 AM

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Is it accurate to say that, if there are more stages of production (i.e., more steps between

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This statement is inaccurate GDP is the market value o...View the full answer

Managing in a Global Economy Demystifying International Macroeconomics

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