Which of the following purchases would be counted as a final good in the GDP calculation?

Question

Quizplus · Accepted Answer

Final goods are those that are purchased for final use and not for resale or further processing. A business's purchase of new office equipment is counted as a final good in GDP because it is an investment in capital goods that are not intended for resale. Used cars and stock purchases do not count towards GDP as they are not new production. The deli's purchase of bread is considered an intermediate good, not a final good, because it is used in the production of another good (sandwiches), and thus, its value is counted in the final product's price.

Which of the Following Purchases Would Be Counted as a Final