We do not count the value of the ground beef purchased by McDonald's as part of gross domestic product because this would be double counting.

Question

Quizplus · Accepted Answer

The value of the ground beef purchased by McDonald's is not counted separately in the gross domestic product (GDP) because it is considered an intermediate good. Including it separately along with the final sale of McDonald's products would result in double counting, as the value of intermediate goods is already encapsulated within the value of the final goods or services.

We Do Not Count the Value of the Ground Beef