$17$

$3$ points

$01$:$43$:$44$

a$.$ Economists include only final goods and services when measuring GDP because

if intermediate goods were counted, then prices would be overstated.

if intermediate goods were not counted, then multiple counting would occur.

if intermediate goods were not counted, then prices would be overstated.

if intermediate goods were counted, then multiple counting would occur.

b$.$ Gross domestic product does not include the value of the stocks and bonds bought and sold because these transactions are considered

consumption expenditures, but should be counted as production of final goods and services.

financial investment, but should be counted as production of final goods and services.

financial investment and should not be counted as production of final goods and services.

consumption expenditures and should not be counted as production of final goods and services.

c$.$ When measuring GDP$,$ economists don't include the value of the used furniture bought and sold because

used furniture is a durable good.

the value of used furniture needs to be averaged over a specified number of years.

the value of used furniture is not reported anywhere.

this value was already counted in GDP in some previous year.