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Why Do We Not Count the Value of Intermediate Goods

question 161

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Why do we not count the value of intermediate goods and services in gross domestic product? Does the value of intermediate goods and services show up in gross domestic product? If so,how?


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Grandparents

The parents of one's parents, often playing significant roles in family structures through support, heritage, and the sharing of wisdom.

Grandchildren

The offspring of one's children, forming the next generation within a family.

Retirement

The act of leaving one's job and ceasing to work, typically due to age or health reasons, often accompanied by a transition to a life phase with more leisure time.

Lifestyle Choices

Decisions individuals make about how to live and behave, including habits, diet, exercise, and leisure activities.

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