Why are only final goods and services included in the computation of GDP?

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Introduction To Economics Social Issues And Economic Thinking

ISBN: 9780470574782

1st Edition

Authors: Wendy A. Stock

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Question Posted: Oct 28, 2023 12:02 AM

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Why are only final goods and services included in the computation of GDP?

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Only final goods and services are included in the computation of Gross Domestic Product GDP for several key reasons Avoiding Double Counting Including ...View the full answer

Introduction To Economics Social Issues And Economic Thinking

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