Which of the Following Statements Is Correct

Which of the following statements is correct?

A) The value of all intermediate goods and final goods is included in GDP.
B) The value of intermediate goods is included in GDP only if those goods were produced in the previous year.
C) The value of intermediate goods is included in GDP only if those goods are added to firms' inventories to be used or sold at a later date.
D) The value of intermediate goods is never included in GDP.

Correct Answer:

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