"only final goods and services are counted in GDP "why? in points
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G.D.P:
It's the value of all final goods and services produced within a country during in a given time period .
Only final goods and services counted in G.D.P ;
Because intermediate goods are used for producing final goods, so by counting the value of final goods, there value is also included itself in it ,
moreover intermediate goods are not fully ready they are used for producing final goods and services .
Explanation:
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