Question

What services are not include in the calculation of gdp?

Answer 1

✔️heya friend ✔️

$\bold{ANSWER}$

GDP: Gross domestic product

GDP= GDP+net income from abroad

Intermediate goods and services, which are used in the production of final goods and services, are not included in the expenditure approach to GDP.


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Answer 2

Hye :)

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▫➡GDP means gross domestic product which includes the net income From abroad .

▫➡The intermediate goods and services are not included in the calculation of GDP

▫➡They are not included as they don't come under the final goods .

▫➡Hence only final goods and services are considered in the GDP .

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