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An example of a finished good calculated into the GDP for the year would be:

Select one:
A. a used car sold to a consumer
B. the lumber used to build a new house
C. a computer chip bought by Apple to be used in a computer
D. a new car sold to a consumer



Answer :

GinnyAnswer

Final answer:

Final goods in GDP calculations are goods at the end stage of production, not intermediate goods, to prevent double-counting.


Explanation:

Final goods are goods at the furthest stage of production at the end of a year, not intermediate goods. Only the value of final goods and services are included in GDP calculations to avoid double-counting. For example, when a new car is sold to a consumer, it is considered a final good and its value contributes to the GDP.


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