Join our Telegram Channel

8000+ STATIC GK MCQs for SSC/ Railway/ PSC
1000 POLITICAL SCIENCE MCQS | EBook
Get 22 nos. GK EBooks | Combo Pack
Current Affairs Monthly Magazine -Subscribe Now!
1000 BIOLOGY MCQS AND ANSWERS | EBook
1000 ECONOMICS MCQS FOR EXAMS | EBook
Mughal Empire MCQs | EBook
ECONOMIC GEOGRAPHY MCQs | EBook
350 MCQs ON INDIAN CONSTITUTION | EBook

Question

Intermediate goods are not included from GDP because

A Their inclusion would understate GDP
B Their inclusion would involve double counting
C Value of intermediate goods is unknown
D They represent goods that have never been purchased so they cannot by counted
E The premise of the question is incorrect because intermediate goods are directly included in calculating GDP
Answer & Explanation
Option: [B]
Advertisement
Advertisement

General Knowledge

Month-wise Current Affairs 2022

Category-wise Current Affairs

Jobs by Qualification

Free Mock Test