Why are only final goods counted in national income?

Intermediate goods are not produced within the countryCorrect answerYour answerTheir value already includes the value of the intermediate goods used to make themCorrect answerYour answerIntermediate goods have no market priceCorrect answerYour answerFinal goods are always produced by the governmentCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer B

Correct answer: B

The price of bread covers the flour, the wheat and the baker's work.
Adding the flour again would count it twice: double counting.

Concept: Avoiding double counting
Typical timeTypical: 70 s
Your timeYours: —

The rule this testsFinal and intermediate goods

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Why are only final goods counted in national income?

Explanation