How do final goods and intermediate goods help in calculating GDP?
Answers
Answered by
54
Actually final goods and intermediate good helps in calculating GDP along with foreign trade as,
Last product and the involved cost is all calculated in coat of final goods and thus, helps in calculating GDP.
Last product and the involved cost is all calculated in coat of final goods and thus, helps in calculating GDP.
Answered by
29
It is the sum of all the sectors of the economy
(Primary + Secondary + Tetiary ) Sector = GDP
GROSS DOMESTIC PRODUCT
(Primary + Secondary + Tetiary ) Sector = GDP
GROSS DOMESTIC PRODUCT
Anonymous:
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