Question

Mention the advantage of accounting final good in calculateion of gdp

Answer 1

Gross Domestic Product (GDP) is an economic measure of a nation's total income and output for a given time period (usually a year). Economists use GDP to measure the relative wealth and prosperity of different nations, as well as to measure the overall growth or decline of a nation's economy.

Answer 2

The process of accounting helps in calculating the rate of the goods that can be transported to other countries and the clean analyzation of the cash flow that occurs in the process of GDP.

Explanation:

• Accounting process helps in the quick valuation of the goods and the cash required by the company to transport the goods from one end of the country to the other.
• Each and every item when transported from one end to the other, the accounts will be checked.

To know more:

1) WhaT iS GdP....?????

https://brainly.in/question/3012899.

2) What is the definition of gdp?

https://brainly.in/question/308879