Intermediate Goods Are NOT Included in Gross Domestic Product (GDP)

question 319

Multiple Choice

Intermediate goods are NOT included in Gross Domestic Product (GDP) calculations because

• A) they are used in the production of final goods and would then be counted twice.
• B) they are produced overseas.
• C) they are made from foreign raw materials.
• D) they have very low value added.

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Definitions:

Grasping Object

The action or ability to hold something firmly with the hands or arms, an important milestone in infant development.

Ulnar Grasp

A method of grasping objects in which the fingers close somewhat clumsily against the palm.

Neural Connections

The links between neurons (nerve cells) in the brain and nervous system that facilitate the transmission of signals and the processing of information.

Infant Brains

The developing neurological structures and cognitive functions in babies.