GDP is the total value of
.all goods &service
.all final goods and services
.all intermediate goods and services
.all intermediate and final goods and services
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- Intermediate goods refer to those goods which are used either for resale or for further production in the same year. Final goods refer to those goods which used either for consumption or for investment. They are not ready for use in the sense some value has to be added to the intermediate goods.
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- all intermediate and final goods and services
it's the write answer
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