Gross Domestic Product (GDP) is the total value of all final goods and services produced within a nation's borders. Intermediate goods are goods that are used up entirely in the production of final goods. Suppose that for the economy of Springfield, we have the following information for 2013: consumption expenditures = $4,000; wages = $3,500; gross private domestic investment = $6,200. The correct answer for the GDP in 2013 is A) $6,200. Net domestic product (NDP) is Gross Domestic Product (GDP) minus depreciation. Government transfers are not included in Gross Domestic Product (GDP). Government purchases of goods and services, government Social Security payments, and durable consumer goods are all included in Gross Domestic Product (GDP), but nondurable consumer goods are not.