Why Aren't Intermediate Goods Counted in GDP

question 53

Essay

Why aren't intermediate goods counted in GDP?

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Definitions:

Ester

Organic compounds formed by the reaction of an acid (usually carboxylic acid) with an alcohol, characterized by the functional group -COO-.

Williamson Ether Synthesis

A chemical reaction that synthesizes ethers from alkyl halides and alcohols using a strong base.

Mechanism

A detailed explanation of the step-by-step process by which a chemical reaction occurs.

E2

A bimolecular elimination reaction mechanism where a substrate eliminates two substituents forming a double bond, with the departure of a leaving group and loss of a proton.