GDP does not directly include intermediate goods because
A) that would understate the true size of GDP.
B) intermediate goods are not useful to consumers.
C) that would count the intermediate goods twice.
D) intermediate goods are not valuable.
Correct Answer:
Verified
Q1: Which of the following expenditures associated with
Q2: In the United States, GDP is typically
Q3: Which of the following is a final
Q4: Which of the following expenditures is for
Q5: Intermediate goods are excluded from GDP because
A)
Q7: A ton of coal purchased by your
Q8: Gross domestic product GDP) measures the
A) number
Q9: Gross domestic product GDP) is the_ in
Q10: If Nike, an American corporation, produces sneakers
Q11: Gross domestic product
A) includes all the goods
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