To avoid the problem of _____, the value of ______ goods must be excluded when country's GDP is being calculated.
A) inflation; capital
B) double counting; durable
C) double counting; intermediate
D) inflation; intermediate

Question

Quizplus · Accepted Answer

To avoid the problem of double counting, the value of intermediate goods must be excluded when a country's GDP is being calculated. This ensures that only the final value of goods and services is counted, preventing the overestimation of the economy's size.

To Avoid the Problem of _____, the Value of ______

To Avoid the Problem of _, the Value of __