Intermediate Products and Services Are Not Counted in GDP Because

question 79

Multiple Choice

Intermediate products and services are not counted in GDP because they

• A) reduce economic well-being.
• B) are not consumed in the current year.
• C) are only sold in input markets.
• D) would be double counted and overstate the value of GDP.
• E) are part of the underground economy.

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Definitions:

Tube-feeding Set

A collection of supplies and equipment used to deliver liquid nutrition directly into the stomach or intestine through a tube, for patients who are unable to eat by mouth.

Clear Carbonated Soda

A transparent, bubbly drink that contains carbon dioxide, water, and often flavored syrups.

Anorexia Nervosa

A disease characterized by a prolonged inability or refusal to eat, rapid weight loss, and emaciation in persons who continue to believe they are fat.

Enteral Feeding Tube

A medical device used to provide nutrition to people who cannot obtain nutrition by mouth, are unable to swallow safely, or need nutritional supplementation.