How do we count various goods and services for calculating gross domestic product of a country? Explain with example. Pls fast....board exam tomorrow
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The sum total of value of final goods and services produced in the three sector of economy in a particular year is called the GDP of the country . it is counted by adding the value of final goods produced in each sector of economy instead of intermediate goods.
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Answer:
The sum total of value of final goods and services produced in the three sector of economy in a particular year is called the GDP of the country .
it is counted by adding the value of final goods produced in each sector of economy instead of intermediate goods.
in India it is measured by central govt ministry
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