Amazon.com, an Internet retailer of books, buys a shipment of economics textbooks from a publisher.Is this included in GDP?
A)Yes
B)No
C)It depends on how the payment is made
D)Yes, in real but not nominal GDP
E)Yes, in nominal but not real GDP

Question

Quizplus · Accepted Answer

The purchase of textbooks by Amazon.com is considered an intermediate good, as it is intended for resale. GDP only includes final goods and services, not intermediate goods.

Amazoncom, an Internet Retailer of Books, Buys a Shipment of Economics