Steel manufactured to make a car is not counted in aggregate output, but the car that results is counted.
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Q320: Households demand goods and services in the
Q321: The largest spending category in GDP is
Q322: Most of the value added included in
Q323: Overcounting in the GDP can be avoided
Q324: For measuring GDP as spending on domestically
Q326: Households supply resources in the factor markets.
Q327: The government returns part of the money
Q328: Firms demand resources in the factor markets.
Q329: Renting a car to go on a
Q330: Final goods and services are sold to
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