Economy, asked by kalyanisaitoram, 5 months ago

why the word "groos" in gdp?

Answers

Answered by sangeetasoreng98

Gross" (in "Gross Domestic Product") indicates that products are counted regardless of their subsequent use. A product can be used for consumption, for investment, or to replace an asset. In all cases, the product's final "sales receipt" will be added to the total GDP figure.

Answered by harithasrib2001

Answer:

Gross Domestic Product

"Gross" (in "Gross Domestic Product") indicates that products are counted regardless of their subsequent use. A product can be used for consumption, for investment, or to replace an asset. In all cases, the product's final "sales receipt" will be added to the total GDP figure.

Previous Question

Next Question

Similar questions

English, 2 months ago

change the following sentence into indirect speech 1.the teacher said,"rashid won the battle of panipat. 2.she said to me,"the climate of this place does't suit me.

Math, 2 months ago

A merchant has 120 litres of oil kind, 180 litres of oip another kind and 240 litres of their kind. he wants to sell the oli in tins of equal capacity. ¡) what should be the greatest capacity of such a tin ¡¡) find the number of this loaded in a truck of capacity 600 such tins...

Science, 2 months ago

What is efficiency of fuel.

Math, 5 months ago

when we multiply 0 to any Number we get ________ as product...

English, 5 months ago