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.

---

Definitions:

Diversity

All the characteristics and experiences that define each of us as individuals.

Performance Levels

The standards or benchmarks used to measure the effectiveness or efficiency of a process, activity, or individual.

Self-Oriented Role

A role focused on the individual's own interests and needs.

Team-Maintenance Role

A role within a team focused on maintaining harmonious relationships and a positive working environment among team members.