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How Are Intermediate Goods Accounted for When Calculating GDP

Question 88

Multiple Choice

How are intermediate goods accounted for when calculating GDP?


A) The value of all intermediate goods is included in GDP.
B) The value of intermediate goods is included in GDP only if they were produced in the previous year.
C) The value of intermediate goods is included in GDP only if they are purchased by firms rather than households.
D) The value of intermediate goods is not included in GDP unless they are part of inventory.

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