-------approach is the value added by each intermediate good is summed to estimate the value of the final good
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4
Explanation:
Intermediate goods are used in the production process to produce a final good or finished product. Industries sell intermediate goods to one another for resale or to produce other goods. When calculating GDP, economists use the value-added approach with intermediate goods to ensure they are not double counted.
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9
Answer:
Value added approach
Explanation:
The economist use value added approach so that the value of the intermediate good is not double counted in the final good
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