The value of ‘intermediate goods’ are excluded from GDP calculation because:

Related MCQs

• Imputed value of good is added to the GDP because:
• Why do not the sale or purchase of used goods are not included in the GDP?
• Inventories are unsold goods produced by a firm, then why do they are included in GDP?
• Which policy is effective in the intermediate range?
• GDP Deflator is also called as:
• Investment is reckoned by which method for computing GDP:
• As the value of MPC increases, the value ofmultiplier:
• If the value of a variable varies as a consequence of the variation in the value of some other variable, it is called:
• When investment is negatively related to the rate of interest, equilibrium output in the goods market:
• Simultaneous equilibrium in the money (LM) and goods (IS) market exists: