To avoid double counting in the calculation of GDP,which types of goods are typically excluded from the calculation?
A)intermediate goods
B)capital goods
C)inventory goods
D)nonmarket goods
E)value-added goods

Question

Quizplus · Accepted Answer

Intermediate goods are excluded from GDP calculations to avoid double counting, as their value is already included in the final goods and services.

To Avoid Double Counting in the Calculation of GDP,which Types