Dictionary of Political Economy

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	Dictionary of Political Economy
	Investigate our content! Explore concepts and ideas by look up terms, phrases and jargon related to economics with this reference work Dictionary-of-Political-Economy.
	Created By: Dr. Paul M. Johnson

Dictionary of Political Economy INDEX:

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Value derived as a residual for most industries after subtracting total intermediate inputs, compensation of employees, and taxes on production and imports less subsidies from total industry output. Gross operating surplus includes consumption of fixed capital (CFC), proprietorsâ€™ income, corporate profits, and business current transfer payments (net). Prior to 2003, it was referred to as other value added or property-type income.

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