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:
• Inferior goods are the goods with
• As the value of MPC increases, the value of multiplier:
• If the value of a variable varies as a consequence of the variation in the value of some other variable, it is called:
• If both the products X & Y are normal goods