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What Are Intermediate Goods? Why Do Economists Exclude the Value

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Essay

What are intermediate goods? Why do economists exclude the value of intermediate goods while calculating national income?


Definitions:

Overcorrection

A behavioral intervention strategy involving the replacement of inappropriate behaviors with more appropriate ones through practice or restitution.

Response Cost

A behavior modification technique that involves the removal of a positive reinforcer following the occurrence of an undesirable behavior.

Classroom

A room or environment where teaching and learning activities are conducted.

Response Cost

A behavior modification technique that involves the loss of a privilege or desired item as a consequence for undesirable behavior.

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