How Are Intermediate Goods Accounted for When Calculating GDP

question 124

Multiple Choice

How are intermediate goods accounted for when calculating GDP?  

• A) The value of all intermediate goods is included in GDP. 
• B) The value of intermediate goods is included in GDP only if they were produced in the previous year. 
• C) The value of intermediate goods is included in GDP only if they are purchased by firms rather than by households. 
• D) The value of intermediate goods is included in GDP only if they are part of inventory.

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