To Avoid Double Counting in the Calculation of GDP

question 94

Multiple Choice

To avoid double counting in the calculation of GDP,

• A) net exports should be excluded.
• B) the value of intermediate goods and services should be excluded.
• C) the capital consumption allowance should be excluded.
• D) business investment should be excluded.
• E) government purchases should be excluded.

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Definitions:

Left Iliac Region

An area of the abdomen on the left side that is bounded by the iliac crest; often associated with parts of the colon and small intestine.

Epigastric Region

An area of the abdomen located just above the stomach and below the ribcage, often associated with stomach pain or discomfort.

Umbilical Region

The central area of the abdominal surface located around the umbilicus or belly button, often used as a reference point in abdominal anatomy.

Interstitial Spaces

Areas that exist between cells in body tissues, filled with interstitial fluid, which allows for the exchange of nutrients and waste products.