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Counting intermediate goods in GDP is double counting.

A. True
B. False


Sagot :

Final answer:

Intermediate goods are not counted in GDP calculations to prevent double-counting.


Explanation:

True. Intermediate goods are not counted in GDP calculations to avoid double-counting. Only the value of final goods and services is included in GDP to accurately represent the size of the economy.


Learn more about Calculation of GDP and the exclusion of intermediate goods