explain the term GDP.. why are final goods and services counted in GDP...
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GDP means Gross National Product
the final goods and services are counted in GDP because these products are the final things produced and no other further processing will not occur it makes the profit or loss
the final goods and services are counted in GDP because these products are the final things produced and no other further processing will not occur it makes the profit or loss
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GDP stands for gross demostric prise final good are counted GDP because government of country sets prices on. product for checking quality of product is tested in lab of industry good are counted in GDP
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