Question: Intermediate goods - for example, the memory chips in your computer or phone - are products that companies pay money for in order to incorporate

  1. Intermediate goods - for example, the memory chips in your computer or phone - are products that companies pay money for in order to incorporate them into the final goods for retail sales. Why are intermediate goods, such as these, not counted when we are calculating GDP? Explain why counting them would be problematic and deceptive.

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