why only final goods are included in national income
Answers
Answered by
1
Intermediate goods are not included in the national income to avoid double counting. ... If the value of intermediate goods is added again, it will lead to double counting . For example, the value of shirt (final good) includes the value of cloth (intermediate good).
Isy
Isy
Answered by
0
Answer:. Intermediate goods are not included in the national income to avaod double counting . If the value of intermediate goods is added again , it will lead to double counting .
Explanation:. In short to avaod "double counting" .
Similar questions