Intermediate goods are NOT counted in GDP because:
A) doing so would result in double counting.
B) these goods are not produced for the market.
C) these goods are produced in the underground economy.
D) these goods involve financial transactions.

Question

Quizplus · Accepted Answer

Intermediate goods are not counted in GDP because they are already included in the value of the final goods and counting them again would result in double counting.

Intermediate Goods Are NOT Counted in GDP Because