Why Do We Not Count the Value of Intermediate Goods

question 26

Essay

Why do we not count the value of intermediate goods and services in gross domestic product?

---

Definitions:

Prospectus

An official document that a company files with the SEC that provides details about an investment offering for sale to the public.

Short-Swing Profits

Profits earned by corporate insiders through buying and selling their own company's stock within a short period, which are subject to regulatory scrutiny and specific rules.

Statutory Insider

An individual or entity that is considered an insider for legal or regulatory purposes, often due to their position or relationship with the entity, subject to specific transaction and reporting requirements.

Excluded Organizations

Groups or entities deliberately omitted from a program, policy, or agreement based on specific criteria.