Since GDP includes only the additions to income, not transfers of assets, ______ are not included in the computation of GDP.
A) final goods
B) used goods
C) consumption goods
D) goods produced for inventory

Question

Quizplus · Accepted Answer

Used goods are not included in the computation of GDP because they are not additions to income. The same used good cannot be counted multiple times in GDP.

Since GDP Includes Only the Additions to Income, Not Transfers