Question

Consider the following statements about GDP ofa country
(i) Purchase of sugarcane in the making of sugar.
(ii) Value of silk fabrics for sale in the market.
(iii) Final value of bakery items.Which of the following statements should beadded to find out GDP?
(a) Only (i) and (ii)
(b) Only (i) and (iii)
(c) Only (ii) and (iii)
(d) None as all are intermediate goods ​

Answer 1

Answer:

answer is b hope it help u

Explanation:

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Answer 2

The correct option is an option (c) only (ii) and (iii)

• Silk fabrics that are for sale in the market are finished goods and are brought to the market as a consumer goods.
• Bakery Items are as well final goods that are manufactured by the baker and are sold in the bakery. The final value of these products is the same as the finished consumer goods.