Question

17) To avoid double counting in the computation of GDP, only the value of goods are...

17) To avoid double counting in the computation of GDP, only the value of

goods are included

  1. A final

  2. B used

  3. C intermediate

  4. D investment

Homework Answers

Answer #1

A) Final

As per yield method (an elective method to value added method) of ascertaining national pay, value of just final goods and administrations delivered by all the generation units of a nation amid a year ought to be tallied. At the end of the day, value of intermediate goods which go into final goods (e.g., paper utilized in printing of books, crude cotton utilized in articles of clothing, wheat utilized in making bread, and so forth.) ought not be considered.

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