GDP Counts Only Final Goods and Services Because This

question 106

Multiple Choice

GDP counts only final goods and services because this

• A)method avoids including any goods that are produced this year and sold next year.
• B)amount can be more easily determined in the marketplace.
• C)method avoids understating the value of GDP produced during a given year.
• D)method avoids double counting of goods going through several stages of production.

---

Definitions:

Lymphocyte

A type of white blood cell that is vital to the immune system, responsible for producing antibodies and other responses to pathogens.

Granulocyte

A type of white blood cell characterized by the presence of granules in its cytoplasm, playing a vital role in the body's immune response.

Neutrophil

A type of white blood cell important in the body's defense against infection and capable of engulfing and destroying pathogens.

Centrifuge

A machine that spins samples at high speed to separate substances of different densities.