Multiple Choice
How is a potato treated in GDP terms?
A) It is always counted as an intermediate good.
B) It is counted as a final good if it is used by a restaurant to make French fries.
C) It is counted as a final good if it is used by a consumer who makes mashed potatoes for her own consumption.
D) It is always counted as a final good.
Correct Answer:
Verified
Correct Answer:
Verified
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