Question: Why are intermediate goods excluded from GDP calculations? a ) To avoid inflating the value of the economy by counting goods multiple times. b )
Why are intermediate goods excluded from GDP calculations?
a To avoid inflating the value of the economy by counting goods multiple times.
b Because they represent goods purchased by consumers.
c Because they are not included in the market value of final goods.
d Because they are always imported goods.
What major change occurred in the human lifespan as a result of the Industrial Revolution and modern economic growth?
a The human lifespan decreased.
b The human lifespan remained unchanged.
c The human lifespan doubled.
d The human lifespan was cut by half.
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