Why are intermediate products excluded from macroeconomic calculations of GDP?

a
because those products are goods, not services
b
because their value is included in that of the final product
c
because the GDP is a measure of market output on a national level
d
because the GDP is a measure of market output on a local level

Question

03-05-2021
Social Studies

Answered

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Why are intermediate products excluded from macroeconomic calculations of GDP?

a
because those products are goods, not services
b
because their value is included in that of the final product
c
because the GDP is a measure of market output on a national level
d
because the GDP is a measure of market output on a local level

Sagot :

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