Question

what are final goods and intermediate goods how do they help in calculating GDP​

Answer 1

• Final goods are the goods meant for final consumption. such products need not be processed any further and can be used as they are. For example:- cake, biscuits, etc.
• Intermediate goods are unfinished goods that are not used for final consumption. Such goods are used as raw materials in production of final goods. For example:- Flour, etc.
• only final goods are taken while calculating the GDP. GDP denotes the value of all final goods produced in a country during a specific year. Higher the GDP, bigger is the size of econmy...

Hope! This will help you ✅✅

Answer 2

Answer:

i dont know man mark me as the brainliest bro