Question

Why are only final goods and services counted in gdp?

Answer 1

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.

Answer 2

Answer:

Explanation: GDP is a monetary

Measure of market value of all final goods and services produced in a period.so, GDP counted final goods and services