Economy, asked by kishanbombade01, 1 month ago

what are the measure of flow of goods and service​

Answers

Answered by Anonymous
1

Answer:

Personal consumption is a flow variable that measures the value of goods and services purchased by households during a time period. Purchases by households of groceries, health-care services, clothing, and automobiles—all are counted as consumption.

Answered by MotiSani
0

The measure of the flow of goods and services​ are:

  • The GDP of a country is influenced by the production of goods and services for private consumption, private investment, government purchases, and net exports.
  • Individuals or personal consumption, businesses or private investment, government agencies or government procurement, and the rest of the world all contribute to the demand for these products and services net exports.
  • Households obtain a factor income as a result of all of these activities.

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