In Calculating GDP,economists Use the Value of Final Goods and Services

question 121

Multiple Choice

In calculating GDP,economists use the value of final goods and services because

• A)by using final goods and services, they avoid double counting.
• B)final goods can be exported to other countries.
• C)intermediate goods are imported from other countries.
• D)GDP is underestimated if intermediate goods are used instead.
• E)none of the above.

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