Economy, asked by StarTbia, 1 year ago

While calculating gross domestic products the value of only final goods should be included give reason?

Answers

Answered by vishal231612
2
because in final goods values of all the others goods are already included
Answered by Sidyandex
2

For calculating the Gross Domestic Product of GDP, only final or finished goods are included in its calculation.

Final goods are the ready to sale in market product which is not stored or utilized for further productions.

It is at the stage of final consumption or supply to the consumers.

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