The Reason Only Newly Produced Goods and Services Are Counted

Multiple Choice

The reason only newly produced goods and services are counted in GDP is that ________.

A) it is very difficult to impute a value to used goods
B) most expenditures on used goods and services take place outside the market
C) it does not help economists make better economic predictions because second-hand goods rarely have any residual value
D) it allows economists to avoid double counting the production of goods and services
E) none of the above