What is a final good in the computation of GDP?
A) A new or used finished good that has been manufactured
B) A good that is used in the production of another good (such as buttons for shirts)
C) A good that is used or consumed at the end of a process (such as dessert after dinner)
D) A finished good that is being sold to end users

Question

Quizplus · Accepted Answer

Final goods are those that are ultimately consumed rather than used in the production of another good. For GDP purposes, these are the goods that are sold to the end users and not further processed into another product.

What Is a Final Good in the Computation of GDP