Question

GDP does not directly include: Select one: a. the value of goods produced domestically and sold abroad. b. the value of intermediate goods sold during a period. c. the value of services rendered during a period. d. the value of final goods and services produced, but not sold, during a period.

Answer 1

Answer:

GDP does not directly include b. the value of intermediate goods sold during a period.

Explanation:

Gross Domestic Product (GDP) is the monetary value of all finished goods and services made within a country during a specific period. It is also the value of goods and services rendered or exported within a period.

GDP doe snot directly include an intermediary goods since it is not ready for sale. Therefore its monetary value is not yet determined.

Intermediate goods, producer goods or semi-finished products are goods, such as partly finished goods, used as inputs in the production of other goods including final goods

Answer 2

Answer:

The value of intermediate goods sold during a period.

Explanation:

GDP: Gross domestic product include the services and the value of finished products in a given period.

However, the intermediary goods aren't accounted for as, there will be an error of double counting. Because when you count for an intermediary good and that good is now finished and part of another good, when you will count that finished good, the value of that intermediary good will be counted also, so this will double the numbers of your GDP and you will make an error.