In terms of GDP, counting ______ leads to double counting.
a. exported goods
b. goods sold in bulk
c. agricultural goods
d. intermediate goods
d. intermediate goods
Economics
You might also like to view...
Empirical evidence suggests that economies of scale, advertising and image differentiation, and risk spreading all help account for the large-scale production that exists in many sectors of the economy
Indicate whether the statement is true or false
Economics
A typical economic good has which one of the following characteristics?
A) The desired quantity exceeds the quantity available at a zero price. B) The quantity available exceeds the desired quantity at a zero price. C) It uses no resources to produce. D) It is never scarce.
Economics