How Are Intermediate Goods Treated in the Calculation of GDP

question 8

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.

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Definitions:

Unarmed People

Individuals who are not carrying or equipped with weapons.

Implicit Bias

The subconscious association, belief, or attitude towards any social group, often influencing behavior without conscious awareness.

Self-Fulfilling Prophecy

A prophecy that, by means of a reinforcing feedback cycle between behavior and belief, turns itself into reality, whether it does so directly or indirectly.

Prejudice

A preconceived opinion or judgment about someone or something that is not based on reason or actual experience.