To avoid double counting in the computation of GDP, only the value of ______ goods are included.
A) final
B) used
C) intermediate
D) investment

Question

Quizplus · Accepted Answer

Only final goods, which are goods sold to the end consumer, are included in the computation of GDP to avoid double counting of goods that were used as inputs in the production of other goods. Intermediate goods and used goods are not included in the GDP calculation. Investment goods, such as capital equipment and machinery, are included in GDP as part of investment spending.

To Avoid Double Counting in the Computation of GDP, Only