GDP does not directly include intermediate goods because
A) intermediate goods are not valuable.
B) intermediate goods are not useful to consumers.
C) that would count the intermediate goods twice.
D) that would understate the true size of GDP.
Correct Answer:
Verified
Q1: Which of the following expenditures is for
Q3: If Frito Lay, an American snack company,
Q4: Gross domestic product (GDP) measures the
A) number
Q5: The word "final" in the definition of
Q6: The calculation of the final goods and
Q7: If Nike, an American corporation, produces sneakers
Q8: Gross domestic product is a measure of
Q9: Intermediate goods are excluded from GDP because
A)
Q10: In the definition of GDP, "market value"
Q11: Which of the following is a final
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