Social Sciences, asked by birruaravind74, 8 months ago

how can you say that gdp ignores some items​

Answers

Answered by abinavbino
2

Answer:

Here is a list of items that are not included in the GDP:

  • Sales of goods that were produced outside our domestic borders.
  • Sales of used goods.
  • Illegal sales of goods and services (which we call the black market)
  • Transfer payments made by the government.
  • Intermediate goods that are used to produce other final goods.

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