Social Studies
Social Studies, 04.05.2021 02:40, staffordkimberly

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

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Answers: 1

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Why are intermediate products excluded from macroeconomic calculations of GDP? a
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