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Unformatted text preview: Amount Paid = Amount Received 3. The Value Added Approach ( Katma Değer-Üretim Yöntemi) If we add all value-added in the production stages, we also can get GDP. When we add the value added we will get the final value of all goods and services. Value-Added: It is the difference between the value of output (that a firm sells) and the value of intermediate products (that the firm purchases) used in production. |||||| ---> |||||| ---> |||||| ---> |||||| $200 $300 $450 $500 $650 $200 + $100 + $150 + $50 + $150 = $650 (GDP, ürünün fiyatına eşittir )...
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- Spring '11