What are the 2 types of income not captured by gdp?
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Explanation:
Only goods and services produced domestically are included within the GDP. That means that goods produced by Americans outside the U.S. will not be counted as part of the GDP.
Sales of used goods and sales from inventories of goods that were produced in previous years are excluded.
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Only goods and services produced domestically are included within the GDP. That means that goods produced by Americans outside the U.S. will not be counted as part of the GDP. ... Sales of used goods and sales from inventories of goods that were produced in previous years are excluded.
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