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The value of ‘intermediate goods’ are excluded from GDP calculation because:

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Question:

The value of ‘intermediate goods’ are excluded from GDP calculation because:

A.

it will increase the gdp unduly

B.

it results in multiple counting of same value

C.

intermediate goods are not important

D.

all the above

Answer» b. it results in multiple counting of same value

Note: The above multiple-choice question is for all general and Competitive Exams in India.