In order to avoid ____, when calculating GDP, one should include only the final goods and exclude the intermediate goods that are used in the production.
Inflation
Status beat bias
Double counting
Value added
Which of the following measures the level of prices at the wholesale or producer level ?
GDP deflator
CPI
PPI
GNI
Which of the following services as a measure of the overall price level in an economy?
Both a and b
Neither a nor b
