Social Sciences, asked by natasha561, 3 months ago

Why is the value of intermediate goods not included in the value of final goods? Example with an example.

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Answered by shreyashkakad2005
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Intermediate Goods and Gross Domestic Product (GDP)

GDP is a measurement of the market value of all final goods and services produced in the economy. The reason why these goods are not part of the calculation is that they would be counted twice.

Answered by mandalakhilesh664
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