GDP Includes Only the Value of Final Goods Because the Value

question 253

True/False

GDP includes only the value of final goods because the value of intermediate goods is already included in the prices of the final goods.

---

Definitions:

Pathways

Routes or courses which lead from one place to another, often used metaphorically to describe options or processes to reach a certain goal.

Messages

Units of communication intended to convey information, feelings, or instructions from one entity to another.

Formal Channels

Follow the official chain of command.

Organization's Hierarchy

The arrangement of individuals within an organization according to levels of authority and responsibility.