📝 Multiple Choice Question
Economics
Which of the following are recognised as final goods while estimating the gross domestic product in India? a) Consumption goods b) Intermediate goods c) Capital goods d) Raw materials
A
Only a and c
B
Only a and b
C
Only b and c
D
Only b and d
Explanation
GDP calculations only include the value of final consumption goods and capital goods, intentionally excluding intermediate goods and raw materials to prevent double counting.
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