Intermediate goods, like milk sold by a farmer to a supermarket, are
A)included in GDP.
B)included in GDP at market value.
C)included if it is imported.
D)are not included in GDP.

Question

Quizplus · Accepted Answer

Intermediate goods are not included in GDP as they do not represent final goods or services produced for the ultimate user. They are only used as inputs in the production of other goods or services.

Intermediate Goods, Like Milk Sold by a Farmer to a Supermarket