" when measuring GDP, economists count only the values of final goods and services because:

a--the final cost is the selling price, which is what economists want to know
b--the final value is the highest value of the good
c--the value of all intermediate products is automatically included in the value of those final goods

??? "
I am pretty sure that my teacher said all of these answers related in some way, and my book is no help...
any/all comments are appreciated...
economics is not by best by far

1/31/2006 7:13:38 PM

i bet if you look in your book, you WILL find the answer...whether or not you think the book is of any help.

you should learn to do this ASAP

1/31/2006 7:55:17 PM

well thanks.
but if it were in the book, I wouldn't ask for input.
so, NO, the book isn't any help.
and YES, I can look things up in books, and actually READ them.
So you should learn not to make false judgements, ASAP.

1/31/2006 9:38:25 PM

of course the answer is c.

check out learning tip for chapter #9 on this website: http://highered.mcgraw-hill.com/sites/0072854774/student_view0/learning_tips.html

1/31/2006 9:45:53 PM

Quote :

"but if it were in the book, I wouldn't ask for input. so, NO, the book isn't any help."

it's in there. you just haven't found it.

1/31/2006 10:20:20 PM

^^thank you.

^i'm done with it.
thanks.

1/31/2006 11:31:44 PM

if youre having trouble finding something as basic as that in an econ book, then your troubles have just begun.

2/1/2006 6:20:55 AM