To Avoid Double Counting When Calculating Gross Domestic Product (GDP),it

question 75

Multiple Choice

To avoid double counting when calculating gross domestic product (GDP) ,it is best to count

• A) the value of goods and services produced at every stage of production.
• B) the value added at each stage of production.
• C) used goods.
• D) stocks and bonds.
• E) all goods and services purchased by consumers,firms,and the government.

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Definitions:

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