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When the Production Process Extends Over More Than One Year

Question 42

Multiple Choice

When the production process extends over more than one year, the value of the final product is:


A) included in GDP for the year in which production began.
B) included in GDP for the year in which production was completed.
C) allocated to GDP in each year according to the value added in that year.
D) allocated equally to GDP in each year.

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