Adding the market value of all final and intermediate goods and services in an economy in a given year would result in
A)the calculation of GDP for that year.
B)the calculation of NDP for that year.
C)an amount less than GDP for that year.
D)an amount greater than GDP for that year.

Question

Quizplus · Accepted Answer

Including both final and intermediate goods would result in double counting, leading to an amount greater than GDP, which only includes final goods and services.

Adding the Market Value of All Final and Intermediate Goods