To estimate GDP you add the value of all the goods and services produced, both final and

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To estimate GDP you add the value of all the goods and services produced, both final and intermediate goods. Is this procedure correct? Why?

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Macroeconomics Canada In The Global Environment

ISBN: 9780321931207

9th Edition

Authors: Michael Parkin, Robin Bade

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Question Posted: Jan 06, 2023 06:30 AM

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To estimate GDP you add the value of all the goods and services produced, both final and

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Adding all the goods and services produced is incorrect because it w...View the full answer

Macroeconomics Canada In The Global Environment

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