How Are Intermediate Goods Treated in the Calculation of GDP

question 138

Multiple Choice

How are intermediate goods treated in the calculation of GDP?

• A)Their value is not counted separately, but included as part of the value of the final good for which they are an input.
• B)Their value is counted separately, and their value is also included as part of the value of the final good for which they are an input.
• C)Their value is counted separately, but is not included as part of the value of the final good for which they are an input.
• D)They are included only if they are imported.
• E)Their value is deducted from the value of final goods and services.

---

Definitions:

Anticipated Social Interactions

The expectation or forecasting of future social encounters, which can influence behavior and emotions in the present.

Social Anxiety

A fear of social situations involving interaction with other people, leading to feelings of inadequacy, inferiority, self-consciousness, embarrassment, humiliation, or depression.

Introversion

A personality trait characterized by a focus on internal thoughts and feelings rather than seeking external stimulation.

Letters of Inquiry

Formal requests for information or clarification typically sent to businesses or institutions, which may precede formal applications for employment, funding, or services.