How are intermediate goods treated in the calculation of GDP?
A)Their value is not counted separately,but included as part of the value of the final good for which they are an input.
B)Their value is counted separately,and their value is also included as part of the value of the final good for which they are an input.
C)Their value is counted separately,but is not included as part of the value of the final good for which they are an input.
D)They are included only if they are imported.

Question

Quizplus · Accepted Answer

Intermediate goods are not counted separately in the calculation of GDP, but are included as part of the value of the final good for which they are an input. This is to avoid double-counting the value of the intermediate goods in the final GDP figure.

How Are Intermediate Goods Treated in the Calculation of GDP