Answer:
No, the value of intermediate goods is not included in GDP because that value is already included in the value of the final goods.
In other words, GDP is a measure that includes only the value of final goods and services produced in a given region, within a given period of time.
In this case, the value of the cotton is already added to the value of the new shirt, therefore, only the value of the shirt is included in GDP.
One way the U.S. government is able to balance the core political value of free enterprise and that of justice and fairness is <u>Minimum Wage Laws. </u>
<h3>Meaning of the above mentioned core values</h3>
- Fairness and Justice - people should be treated in a way that is not discriminatory and allows for them to live a good enough life.
- Free enterprise - people are free to establish businesses with the aim of making profit.
Free enterprise means that in the course of making profits, business owners can pay poor wages which wouldn't be fair.
This is where minimum wage laws then come in to balance this out and ensure that people get fair wages while still allowing a free market.
Find out more on free enterprise at brainly.com/question/13628349.
Answer and Explanation:
The correct answer is option E
E. Adds to the Sherman Act by prohibiting specific practices such as price discrimination and tying clauses.
