Multiple Choice
The reason only newly produced goods and services are counted in GDP is that ________.
A) it is very difficult to input 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
Correct Answer:

Verified
Correct Answer:
Verified
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