The sale of live cattle to a slaughterhouse constitutes a final transaction that is counted as part of the gross domestic product.

Question

Quizplus · Accepted Answer

The sale of live cattle to a slaughterhouse is considered an intermediate transaction, not a final transaction, as it is part of the production process leading to the final product (e.g., beef) that is sold to consumers. Only final goods and services are counted in GDP to avoid double counting.

The Sale of Live Cattle to a Slaughterhouse Constitutes a Final