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If GDP Included Intermediate Goods and Services, Then

Question 3

Multiple Choice
If GDP included intermediate goods and services, then A) GDP would be understated. B) we would obtain a more realistic GDP value. C) we would be undercounting. D) we would be double counting. E) final goods and services would have to be subtracted to obtain the true GDP value.

If GDP included intermediate goods and services, then


A) GDP would be understated.
B) we would obtain a more realistic GDP value.
C) we would be undercounting.
D) we would be double counting.
E) final goods and services would have to be subtracted to obtain the true GDP value.

Correct Answer:

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