When measuring GDP,economists count only the values of final goods and services because
A) the final value is taxable
B) adding the values of intermediate products is too difficult a task
C) the value of all intermediate products is automatically included in the value of those final goods
D) intermediate products are overpriced
E) the final cost is the selling price,which is what economists want to know
Correct Answer:
Verified
Q10: GDP measures the output produced within a
Q11: This year,Tom sold his 1998 minivan to
Q12: Which of the following is the best
Q13: Which of the following units is used
Q14: GDP is a flow variable because it
Q16: The precise definition of GDP is the
Q17: Used car dealerships add nothing to GDP
Q18: Which of the following is the best
Q19: Gross domestic product (GDP)is
A) the total value
Q20: A midwestern farmer grows wheat and sells
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