In National- Income Accounting, the Value of Intermediate Products

question 84

Multiple Choice

In national- income accounting, the value of intermediate products

• A)should always be counted as part of GDP in the expenditure approach.
• B)should be added to the value of other inputs in determining a firm's contribution to GDP.
• C)is counted as factor income in the calculation of GDP from the income side.
• D)should be subtracted from the value of final goods in determining a firm's total value added.
• E)must equal the value added by the firm.

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