How Are 'Intermediate Goods' Treated in the Calculation of GDP

question 104

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 of 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 of which they are an input.
• C)They are included in the year that they are produced.
• D)They are included only if they are imported.

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