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Why Do We Not Count the Value of Intermediate Goods

question 161

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Why do we not count the value of intermediate goods and services in gross domestic product? Does the value of intermediate goods and services show up in gross domestic product? If so,how?


Definitions:

Parotid Glands

Salivary glands located near the jawline that produce saliva to aid in digestion and oral health.

Peripheral Edema

Swelling caused by excess fluid trapped in the body's tissues, commonly occurring in the ankles, feet, and legs.

Bulimia Nervosa

A serious eating disorder characterized by periods of binge eating followed by extreme measures to avoid weight gain, like vomiting or excessive exercise.

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