Multiple Choice
Intermediate goods are NOT counted in GDP because:
A) doing so would result in double counting.
B) these goods are not produced for the market.
C) these goods are produced in the underground economy.
D) these goods involve financial transactions.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q11: Use the following to answer questions: <img
Q12: Which item is included in the calculation
Q13: Use the following to answer questions: <img
Q14: Use the following to answer questions: <img
Q15: Most households derive the bulk of their
Q17: Which factor is NOT included in investment
Q18: Use the following to answer questions: <img
Q19: Use the following to answer question 91:
Q20: A country's GNP:<br>A) must be larger than
Q21: Use the following to answer questions: <img