India Languages, asked by Anonymous, 1 month ago

While we calculate total production, only final goods are included , Why ?​

Answers

Answered by Anmol8432
2

Answer:

Only final goods and services are counted, to avoid multiple counting, since their prices covers the cost of all intermediate products and services that were used to produce the final output. Another way to calculate GDP is to measure the value added to each product or service at each stage of its production...

Similar questions