Recently,the government made adjustments to how GDP is calculated that included placing software purchases into the category of
A)intermediate goods because software is not a final good.
B)inventory and now software purchases are not directly counted as part of GDP.
C)investment and now directly counts software purchases as part of GDP.
D)net exports of goods and services because most software is written abroad.
E)net operating surplus.

Question

Quizplus · Accepted Answer

With the recent adjustments made to how GDP is calculated, software purchases are now placed in the investment category and are directly counted as part of GDP. This is because software is considered to be a capital good, which is used in the production of other goods and services. By including software purchases in investment, it reflects the importance of technology and innovation in the economy.

Recently,the Government Made Adjustments to How GDP Is Calculated That