GDP includes:

CA Foundation · Business Economics · MTP · June 2024
GDP includes:
(A) A. neither intermediate nor final goods.
(B) B. both intermediate and final goods.
(C) C. intermediate, but not final, goods.
(D) D. final, but not intermediate, goods.

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. final, but not intermediate, goods.

Topics: Determination of National Income

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