Question: Why do economists include only final goods and services in measuring GDP for a particular year? Why dont they include the value of the stocks

Why do economists include only final goods and services in measuring GDP for a particular year? Why don’t they include the value of the stocks and bonds bought and sold? Why don’t they include the value of the used furniture bought and sold?

Step by Step Solution

3.43 Rating (175 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The dollar value of final goods includes the dollar value of in... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

252-B-E-M-E (2037).docx

120 KBs Word File

Students Have Also Explored These Related Economics Questions!