If in the Process of Calculating GDP,the Market Value of All

question 23

Multiple Choice

If in the process of calculating GDP,the market value of all intermediate goods is added to the market value of all final goods,this would

• A) overstate the actual value of GDP.
• B) produce the correct value of GDP.
• C) understate the actual value of GDP.
• D) avoid the possible error of double counting.

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