Recently,the ABS Made Adjustments to How GDP Is Calculated That

question 6

Multiple Choice

Recently,the ABS made adjustments to how GDP is calculated that included placing software purchases into the category of

• A)intermediate goods because software is not a final good.
• B)investment and now directly counts software purchases as part of GDP.
• C)inventory and now software purchases are not directly counted as part of GDP.
• D)net exports of goods and services because most software is written abroad.
• E)net operating surplus.