Why we should always consider the finish and final goods and not the
intermediate goods while calculating the GDP?
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3
Answer:
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.
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Answered by
12
Answer:
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.
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